FEARS OF BPL PRIVATISATION: Unions and FNM raise concerns at possible PPP deals

By RASHAD ROLLE and LYNAIRE MUNNINGS

Tribune Staff Reporters

CONFLICT looms over the future of Bahamas Power and Light as Prime Minister Philip “Brave” Davis vows reforms and the head of the Bahamas Electrical Workers Union (BEWU) pledges resistance.

Concrete information about the Davis administration’s intentions is elusive, but Free National Movement leader Michael Pintard claimed yesterday that the government plans to privatise the utility company.

He claimed during a press conference that responsibility for power generation will be given to a company “known to this administration very well, and some would go as far as to say, is headed by an ardent supporter of the Progressive Liberal Party”.

He also claimed the government is talking to another company about taking over the transmission and distribution side of BPL.

“It appears to be privatisation, that if you take your entire generation component and you make that available to another company to execute and you take your transmission and distribution and turn that over to another company, it appears the reason for your existence has been made available for somebody else to execute on your behalf,” he said.

Mr Pintard, who spoke about the deal as though it has already been settled, asked how the arrangement could reach this point without competitive bidding. He complained that the administration had not engaged local stakeholders about plans that have likely been in the works for months.

“Who will ultimately own the assets in this reconfiguration?” he asked.

Mr Davis denied the privatisation claim.

“We will bring in some strategic partners for the purposes of being able to find the necessary funding that we, the government, don’t have to arrest some of the issues that we have, and it’s a lot of money that’s required to fix BPL, and we have to find an innovative and creative way to get that done,” he told reporters after an event at Atlantis.

In a letter yesterday, BEWU president Kyle Wilson expressed disapproval of the administration’s efforts to reform BPL, calling it an egregious decision “that strips Bahamians of ownership opportunities and undermines job stability for Bahamians, which dilutes the sovereignty of our nation”.

 Mr Wilson told The Tribune that the proposed deal is expected to be rolled out within three months and have an 18-month closeout period.

 Although Mr Davis met BEWU, Electricity Utility Managerial Union (BEMU) and Trade Union Congress (TUC) executives on Saturday to assure them that staff will be secured and all industrial agreements will be honoured, Mr Wilson said he believes the proposal will put union members at risk.

 “No one give me a paper to show me nothing, to show what they saying is true,” he said. “How do I know it’s true, man? I ain’t born this big man, and I don’t have two long ears and a long tail.”

 Mr Davis met union officials after Energy Minister Jobeth Coleby-Davis met Mr Wilson and others two weeks ago.

 He said officials told him the deal involves a company called “Pike”, though he had no further details.

 Pike Electric Company, a company based in the United States, previously expressed interest in a transmission and distribution contract. According to its website, it “specialises in the engineering, construction, maintenance and upgrade of transmission, distribution and substation infrastructure”.

 Mr Wilson suggested the administration’s ambitions are broader than when the Christie administration contracted PowerSecure to manage BPL in 2016, an arrangement the Minnis administration cancelled in 2017.

 “Now you telling me you splitting up the company into different entities and one set of company have it one way,” he said. “They ain’ managing. They taking over. They call it a partnership but they ain managing the Bahamian people, they taking over the assets. They taking over generation. They bringing in they own generators. They bringing in their own people.”

Comments

BMW says...

Best way forward for BPL, the gravy train been going on for far to long!!!!!

Posted 4 March 2024, 8:46 a.m. Suggest removal

M0J0 says...

I agree, these set only mad because it won't be slackness as usual. Get a company in, lets lower cost, let's get better service, let's get state of the art infrastructure.

Posted 4 March 2024, 9 a.m. Suggest removal

DonAnthony says...

If this greedy union which has been living large and getting fat on the backs of the Bahamian people is against this deal then the Bahamian people should be all for it. Time for a change… a radical change.

Posted 4 March 2024, 10:03 a.m. Suggest removal

Dawes says...

This is going to be fun to watch. I fully agree that it should be sold, i would rather have cheaper electricity that is on, then worry if we own it or not. However the fun part is going to be watching Birdie say why this is a much better idea than BTC which he still complains about.

Posted 4 March 2024, 10:16 a.m. Suggest removal

moncurcool says...

LOL

Posted 5 March 2024, 7:32 a.m. Suggest removal

birdiestrachan says...

It is to bad Mr Pintard had no concern when his papa sold Btc this concern shows him to be a hypocrite

Posted 4 March 2024, 11:41 a.m. Suggest removal

concernedcitizen says...

You realize when we sold half of BTC we ending up getting double the revenue from BTC in the treasury year over year

Posted 4 March 2024, 12:34 p.m. Suggest removal

birdiestrachan says...

They sold 51percent as for making more money where is the evidence being as you say 50 and not 51 Btc was profitable BEC HAS PROBLEMS

Posted 4 March 2024, 12:49 p.m. Suggest removal

concernedcitizen says...

BTC was running on an out dated system that wasn,t compatible w other wireless system , while Debbie Bartlet used BTC buying power to sell upgraded systems to the Turks and Caicos . When we owned it you could buy minutes at a discount from peoples back door

Posted 4 March 2024, 1:32 p.m. Suggest removal

concernedcitizen says...

I know we sold 51 percent , what company in their right mind would buy it unless they had control ,,and after the sale year over year the treasury collect ed double the money from BTC

Posted 4 March 2024, 5:28 p.m. Suggest removal

ExposedU2C says...

This comment was removed by the site staff for violation of the usage agreement.

Posted 4 March 2024, 4:28 p.m.

concernedcitizen says...

Snake is already renting generators to BPL ,, why not gp all in lmao ..Also it may get more reliable but not cheaper , these new partners, owners , will have to make a profit

Posted 4 March 2024, 5:31 p.m. Suggest removal

birdiestrachan says...

He is a snake is that term used for black people what do you call the symonetts and Mauras and kellys is he less than them

Posted 4 March 2024, 6:55 p.m. Suggest removal

concernedcitizen says...

I did not think black or white , that is his nickname , but by your reasoning we went from white people robbing us to black people robbing us but thats okay

Posted 4 March 2024, 7:34 p.m. Suggest removal

AnObserver says...

Why should we be afraid of privatization? Haven't we suffered enough under govt run corporations for decades?

Posted 4 March 2024, 7:05 p.m. Suggest removal

concernedcitizen says...

We shouldn,t be , but to make it attractive to the new partners, owners , the government will have to write off BPL legacy debt to the government .Leaving us the tax payer responsible for another half a billion . THEN the new companies will have to make a profit so don,t expect rate reductions

Posted 4 March 2024, 7:42 p.m. Suggest removal

John says...

When a country is under seige they will seize the power company and make it dysfunctional, unreliable or an affordable or a combination of all of the above. Do you see what is happening with BTC? Orr

Posted 4 March 2024, 9:44 p.m. Suggest removal

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