• Latest
Grenada Court Rules Against Liquidator

Grenada Government Refutes Claims By GPP/WRB

4 years ago
Government boosts Coast Guard capacity to patrol country’s northern border

Government boosts Coast Guard capacity to patrol country’s northern border

2 hours ago
Covid-19 update by Minister for Health

Nightly curfew remains in place

2 hours ago
Reach Within supports teens as they grow into young adulthood

Reach Within supports teens as they grow into young adulthood

4 hours ago
US Gives Additional Support to Dominica

US Embassy cancels all non-immigrant visa appointments

5 hours ago
Nightly curfew remains in place but will begin at 10 pm

Curfew to remain for at least 2 more weeks

6 hours ago
Fewer than 400 marriages registered in 2020

Fewer than 400 marriages registered in 2020

1 day ago
Randy Isaac arrested and charged for domestic violence

Randy Isaac arrested and charged for domestic violence

1 day ago
Response to PM’s National Address

Statement of solidarity with teachers and public workers

2 days ago
Claims of coronavirus at SGU designed to create fear and panic

Covid-19 update: Grenada Dashboard 23 January

2 days ago
Grand Etang route disruption

Grand Etang route disruption

3 days ago
Early Intervention is the best hope for reducing child abuse

A crisis of sexual assault and rape among people in Grenada

3 days ago
GHTA Expresses Concern Over the 2017 Budget

Grenada Hotel and Tourism Association elects its new board

4 days ago
NOW Grenada

Main Header Ad 468x60

booked.net
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us
No Result
View All Result
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us
No Result
View All Result
NOW Grenada
No Result
View All Result

Article Header

Grenada Government Refutes Claims By GPP/WRB

This story was posted 4 years ago
23 May 2017
in General News
2 min. read
Share

The Government of Grenada continues to be disappointed by the recent public statements made by Grenada Private Power Limited (GPP) and WRB Enterprises Inc (WRB) regarding the reforms to the electricity sector.

GPP and WRB claim to be “willing to engage with Government in comprehensive good-faith negotiations” concerning these reforms but have instead initiated arbitration. The company officials say that they want to “power the needs and growth of the nation,” but have instead largely ignored or disregarded efforts by the Government to engage within the current electricity reform agenda that Government has sought to implement, in order to ensure the development of the sector, in line with international standards and with the backing of the international community.

It is not correct that GPP/WRB had “no choice” but to seek arbitration of this matter.

The Grenada Government maintains that GPP/WRB is welcome to continue its participation in the Grenada economy through GRENLEC, albeit in a more competitive and modern policy environment which will foster economic growth.

The Government of Grenada is mindful that our fundamental responsibility is to the Grenadian people who have given us a mandate to ensure that we continue to develop our country and that we put policies in place to better the livelihoods of all citizens, including the ultimate lowering of staggering electricity costs. The Public Utilities Regulatory Commission Act and the Electricity Supply Act provide for this, without leaving any investor in the sector out of pocket.

It is within this well-intentioned framework for continued investment and development that the Government hopes to continue discussions with GPP/WRB to ensure that the best solution is realised.

GIS

NOW Grenada is not responsible for the opinions, statements or media content presented by contributors. In case of abuse, click here to report.

Tags: arbitrationelectricityelectricity supply actgisgovernment of grenadagppgrenada private power limitedgrenlecpublic utilities regulatory commission actwrbwrb enterprises inc
Next Post
Grenada Amateur Swimming Association (GASA) Elects New Executive Team

Grenada Amateur Swimming Association (GASA) Elects New Executive Team

Comment on story Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Home Sidebar NP 300x250

© NOW Grenada. All Rights Reserved. Published by Aqua Design Inc. | Terms of Use | Privacy Policy

© NOW Grenada. All Rights Reserved
Published by Aqua Design Inc.
Terms of Use | Privacy Policy

No Result
View All Result
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings. Visit our Privacy Policy | Terms of Use.

NOW Grenada
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Visit our Privacy Policy | Terms of Use.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.