Irene to 'Eeat Into' BEC's 7M Target

Sun, Aug 28th 2011, 11:00 PM

WHILE the cost of Hurricane Irene repairs will "eat into" the Bahamas Electricity Corporation's (BEC) $7 million profit projection for the financial year ending on September 30, its chairman expressed hope that it would still end the period in the black.

While still awaiting hard data from the BEC assessment teams and repair crews that have fanned out through the hard-hit central and southern Bahamas, Michael Moss said last night that electricity supply had been restored to some 95 per cent of the Corporation's New Providence customers.

And he confirmed that BEC had reached out to the Jamaica Public Service Company (JPS) and CARILEC ...

By NEIL HARTNELL
Tribune Business Editor

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