January 12, 2021
THE BPL plant at Clifton Pier.
Stories this photo appears in:
BPL plunges to negative -20% net profit margins
BAHAMAS Power & Light’s (BPL) financial crisis was yesterday further exposed by negative net profit margins of -20 percent and -24 percent for the past two financials years when it was unable to cover its debts.
Grid handover for 40 percent
The government is set to hand over New Providence’s electricity grid to a private company in return for a 40 percent ownership interest in that entity, Tribune Business can reveal.
BPL working to complete ‘key’ repairs to generation this week
BAHAMAS Power and Light (BPL) officials said they are working to complete repairs this week on “several key assets” at its Clifton Pier power station to increase power supply in New Providence after a series of power outages this month.
Comments
Use the comment form below to begin a discussion about this content.
Sign in to comment
OpenID