JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Friday, March 21, 2025

PM: Cabinet yet to get Patriotic report

by

1562 days ago
20201210
Prime Minister Dr Keith Rowley

Prime Minister Dr Keith Rowley

OFFICE OF THE PARLIAMENT

A re­port by Gov­ern­ment’s Eval­u­a­tion team on Pa­tri­ot­ic En­er­gies and Tech­nolo­gies’ (PET) pro­pos­al to buy the Guaracara re­fin­ery is be­ing re­viewed and will be sent to Cab­i­net, Prime Min­is­ter Dr Kei­th Row­ley said yes­ter­day.

The re­port is still out­stand­ing be­yond its sched­uled No­vem­ber 30 de­liv­ery date for Cab­i­net.

The team was man­dat­ed at the start of No­vem­ber to meet with PET on its pro­pos­al af­ter a Cab­i­net sub-com­mit­tee stat­ed PET hadn’t met con­di­tions to pur­chase. The eval­u­a­tion team was man­dat­ed to present its re­port to Cab­i­net by No­vem­ber 30.

Re­spond­ing to UNC MP Rudy In­dars­ingh’s query in Par­lia­ment yes­ter­day, Row­ley said PET on Oc­to­ber 29 pre­sent­ed a re­vised pro­pos­al for the re­fin­ery plus ad­di­tion­al in­for­ma­tion clar­i­fy­ing fi­nanc­ing and na­tion­al fu­el se­cu­ri­ty as­pects.

“These are be­ing care­ful­ly re­viewed to de­ter­mine if they meet the nec­es­sary cri­te­ria and con­di­tions to al­low the trans­ac­tion to move to the next stage,” he added.

He said no ex­ten­sion was grant­ed to the com­mit­tee be­yond the No­vem­ber 30 de­liv­ery date. Row­ley said any talk of “ex­ten­sion was mis­chief by those who want to scut­tle this at all costs.”

But he con­firmed the re­port is not yet be­fore Cab­i­net - and he didn’t say (or was asked) why.

How­ev­er, Row­ley said the re­port has been re­ceived “in the prop­er quar­ter” and is be­ing re­viewed and “will be ad­vanced to the Cab­i­net in the prop­er way and the pop­u­la­tion will be kept in­formed.”

On fur­ther Op­po­si­tion query, Row­ley said the re­port on the re­view of Wa­ter And Sew­er­age Au­thor­i­ty (WASA) op­er­a­tions done by a Cab­i­net sub-com­mit­tee, will be pre­sent­ed to him to­mor­row.

The re­view, geared to pro­duce a plan to im­prove T&T’s wa­ter sup­ply, fo­cused on WASA’s op­er­a­tions, mount­ing debt, age­ing pipelines, gov­er­nance struc­ture and poor wa­ter dis­tri­b­u­tion. It was al­so to ex­am­ine if a wa­ter rate hike is need­ed.

Con­tour­Glob­al buy­ing pri­vate pow­er gen­er­a­tion com­pa­ny

Dr Row­ley al­so said a British pow­er gen­er­a­tor com­pa­ny Con­tour­Glob­al which is buy­ing con­tract­ed op­er­at­ing pow­er plants in T&T and the US, is buy­ing Trin­i­ty Pow­er Lim­it­ed (TPL) in T&T - not a state-owned com­pa­ny.

This, af­ter Reuters on Tues­day, re­port­ed that Con­tour­Glob­al, a Lon­don list­ed com­pa­ny is buy­ing pow­er plants ex­pand­ing in­to T&T and US mar­kets.

The com­pa­ny, found­ed in 2005, owns man­ages and gen­er­ates elec­tric­i­ty through wind, so­lar and hy­dro-pow­er and has cus­tomers world­wide.

Reuters re­port­ed that Con­tour­Glob­al stat­ed it will buy the con­tract­ed op­er­at­ing pow­er plants in the US and T&T for $837 mil­lion. The com­pa­ny’s plan in­volves buy­ing a port­fo­lio of nat­ur­al gas-fired and com­bined heat and pow­er as­sets to­talling 1,502 MW from West­ern Gen­er­a­tion part­ners on a “debt and cash-free ba­sis.”

When Guardian Me­dia checked with the Pub­lic Util­i­ties Min­istry on Tues­day, the Min­istry stat­ed that no state-owned pow­er plant was in­volved in the pur­chase - but like­ly a pri­vate plant was.

Yes­ter­day Row­ley said T&TEC’s gen­er­al man­ag­er con­tact­ed the gen­er­al man­ag­er of Trin­i­ty Pow­er Lim­it­ed and that per­son con­firmed the process has start­ed for the ac­qui­si­tion of TPL by Con­tour­Glob­al.

TPL is one of the in­de­pen­dent pow­er pro­duc­ers in T&T with 225MW at the Point Lisas Es­tate

He said the present TPL own­er is West­ern Gen­er­a­tion Part­ners - a US com­pa­ny.

The TPL gen­er­al man­ag­er said T&TEC will be du­ly no­ti­fied when the trans­ac­tion is com­plet­ed.

Row­ley said on­ly the UK is us­ing COVID vac­cines so far. He said once T&T gets World Health Or­gan­i­sa­tion ap­proval and clear­ance for its vac­cines to be is­sued, on­ly then would Gov­ern­ment say when the vac­cines would be dis­trib­uted in T&T.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored