Georgetown : A Partnership for National Unity (APNU) totally rejects the announced proposal by the Guyana Power and Light Corporation to increase electricity rates by 26.7%.
APNU claims GPL’s own admission, it is losing more than 31% of the power that it generates. Technical loses are listed at 14%; commercial loss at 17%. Anywhere else in the World a corporation with this type of track record, the board and top- tier management would be dismissed; instead the government of Guyana sought in the National budget to give GPL a whopping 5.2 billion, without demanding reorganization or a turn- around plan.
APNU sees this conspiracy between the PPPC administrations and the Board and Management of GPL as an attempt to punish the people of Guyana for their (GPL) own failures. The tactic is clear to all that this government intends to link this proposed rate increase with the 2013 Budget cuts.
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