Bahamas: New Engines Will Mean An ‘End To Load Shedding’
THE seven multi-fuel engines that will power Bahamas Power and Light’s Station A electricity plant will mean “an end to load shedding” according to the company’s chairman.
#Speaking at a press conference yesterday to unveil the new engines, Prime Minister Dr Hubert Minnis added that the engines “will fix long-standing and vexing problems in New Providence”, and said that the country knew for years that BPL and our energy sector were in desperate need of reform. He said it did not have the funding needed to meet its past, current and future obligations.
#“Its machines were old and inadequate. BPL as we met it was in a state of collapse. Its ability to reliably and consistently generate power was near total collapse. On coming to office, we made the reform of BPL a priority. The last administration chose not to make the tough decisions needed to reform the company and to introduce meaningful energy sector reform,” he said.
#“Such reform was necessary to help power New Providence, the main driver and engine of our economy. Such reform was urgently needed to boost economic growth and productivity. Such reform was necessary and urgent to bring down energy costs for homes, businesses and the public sector. The previous administration allowed the status quo to remain. It was a status quo that was dragging down our economy. It was a status quo that too many administrations allowed to continue.”