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Through government financing,Louis Lipps Steelers Jersey, the Guyana Power and Light (GPL) said at a media engagement on Tuesday, that it has invested almost US$225M into the provision of electricity in the past seven years.GPL Chairman Winston BrassingtonChairman of the GPL board, Winston Brassington, said that from 2006 to 2012, the funding has been facilitated at a three percent rate by Petro-Caribe Facility,Patrick Patterson Raptors Jersey, China Import-Export Bank (CHEMIX) and the Inter-Developmental Bank (IDB).In improving service provision, Brassington said that US$18M of the funds was placed into generation which included investments to strengthen GPL’s Wartsila ability.Wartsila plants will be increased from 40 megawatts in Demerara to 105 megawatts, a capacity the chairman said,Cheap Cincinnati Reds Jersey Jerseys, that would be achieved towards year end following the completion of the Vreed-en-Hoop plant.Additionally, Brassington said that before the year is out, Berbice would be integrated into the Demerara grid as part of the new investments,jerseys cheap nfl, with seven new sub-stations being built.Brassington related that transmission and distribution also accounted for US$13B of GPL’s investments, while $1.8B was further invested into metering.For last year alone,Jarret Stoll Jersey, it was revealed that at least US$50M was invested in GPL,Craig Hartsburg Jersey, while 2009 saw the largest sum being invested in capital expenditure.From 2012, GPL statistics showed that GPL had been getting money from elsewhere apart from the IDB,Joe Gilliam Steelers Jersey UK, the government and self generated funds. |
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