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APNU says not a cent more for GPL

Jun 11, 2013 News

 

 

…says people cannot pay for company’s failures

The country’s main opposition bloc, APNU, has totally rejected the announced proposal by the Guyana Power and Light Corporation (GPL) to increase electricity rates by 26.7 per cent, saying it is designed to “provoke unrest.”
While the government is backing the company on the grounds that it was denied $5.2 billion in subsidy from the national budget, APNU said the people cannot be made to pay for the company’s failures.
“GPL continues to under-perform; there has been no improvement in services and no significant attempt to control line loss, while daily black-out continue to be a way of life,” APNU said in a statement last evening.
The party is calling for the removal of the entire board of GPL and for a total managerial overhaul be undertaken.
The party noted that GPL itself has admitted that it is losing more than 31 per cent of the power that it generates, with technical loses listed at 14 per cent and commercial loss at 17 per cent.
“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 stated.
“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,” APNU added.
In the current climate, where citizens are burdened by high cost of living, stagnant wages and exorbitant taxation, rampant unemployment, the party said it is unconscionable that any civic minded corporate citizen (company) would even consider saddling its customers with such an increase.
The party said that the PPP/C government’s support of GPL shows its anti-working class philosophy.
“APNU will stand by all Guyanese in their resolve not to pay one cent more!

 

 

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