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BEC targets profits in 8-10m range
January 24, 2011
BEC targets profits in 8-10m range
By ALISON LOWE
Business Reporter
alowe@tribunemedia.net
The Bahamas Electricity Corporation (BEC) is expected to generate a net profit in the "$8 million to $10 million" range in its 2011 financial year, Tribune Business was told yesterday, as its chairman waits to see whether auditors confirm it turned a "small profit" for the first time in five years in 2010,
Michael Moss said the Corporatio...
24M yearly bleed at BEC
January 25, 2011
24M yearly bleed at BEC
Around $24 million is lost each year at the Bahamas Electricity Corporation, to technical and non-technical bleeding that includes everything from inadequate systems to power theft by customers, Guardian Business has learned.
The matter is something top BEC officials have identified as bothersome and they have launched a review of current practices at the public utilities company.
“It&r...
January 27, 2011
BEC Partners with BTVI in Technical/Mechanical Apprentice Programme
Nassau,
Bahamas
-
The Bahamas Electricity Corporation (BEC) has partnered with Bahamas Technical
and Vocational Institute (BTVI) in the Corporation's Technical/Mechanical
Apprenticeship Programme. Recently a class of 13 all-male apprentices from BEC participated
in an orientation session at BTVI where they learned "safety comes first."
The
Apprenticeship Programme, a City and Guilds-approved pro...
Men charged with robbing BEC workers
January 27, 2011
Men charged with robbing BEC workers
A magistrate has ordered a 7 p.m. curfew and the electronic monitoring of three men accused of armed robbery as a condition of their release.
Police allege that Dario Smith, 27, of Garden Wells Corner; Takeil Tynes, 22, of Podoleo Street and Gregory Taylor, 20, also of Podoleo Street, robbed Robert Rahming, Shedrick McPhee and Sidney Bootle of cash, a cell phone and a gold neck chain on November 2...
PLP on BEC New Power Plant, Wilson City, Abaco
January 28, 2011
PLP on BEC New Power Plant, Wilson City, Abaco
Abaco, Bahamas - A PLP team
headed by the Leader, Deputy Leader and National Chairman visited Abaco
recently where various concerns were expressed by the residences of the
Abacos.
The people of Abaco are extremely unhappy with BEC and the Government
over its failure to provide uninterrupted electricity after some many
promises was made by Jr Minister Phenton Neymour and the Corporation...
BPL, BEC, depression and fear
February 17, 2017
BPL, BEC, depression and fear
Dear Editor,
Please allow me a small space in your paper for a short rant.
As I watch what is going on in my country I have grown more and more depressed, and now, even worse, I have grown very afraid. What finally tore it for me and the reason for this letter was reading Perry Christie's words: "It is insane. It is reminiscent of the Wild West..."
Oh really, Perry Christie? Didn't you promise us ...
Can we please have the old BEC back
October 19, 2016
Can we please have the old BEC back
I thought that with the arrival of Bahamas Power and Light (BPL) we were supposed to have improved service at a lower price, delivered through a modern system.
August 25, 2015
BEC board plan would have cut electricity costs, says Miller
A month after the government signed a transitional agreement with PowerSecure, paving the way for a management contract, Bahamas Electricity Corporation (BEC) Executive Chairman Leslie Miller said yesterday the plan of BEC's board is sufficient to take the struggling corporation into the twenty-first century and reduce the cost of electricity by 30 percent permanently.
'Outcome of BEC bribe case could fuel anger'
July 19, 2016
'Outcome of BEC bribe case could fuel anger'
Businessman Sir Franklyn Wilson has suggested a judge's decision to fine disgraced businessman Fred Ramsey for accepting hundreds of thousands of dollars in bribes to steer government contracts to a French power company may cause anger in the society.
On July 8, Justice Bernard Turner ordered Ramsey, 79, to return the "unjust enrichment" of his bribe payments to BEC or its successor within nine mo...
July 12, 2016
PLP calls for a select committee to investigate the Alstrom BEC generators
The facts and the preponderance of damning evidence presented in the recently concluded bribery case of former BEC board member and Senator Fred Ramsey must put to rest the deceitful and false FNM narrative that they are the party of honest people.
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