Tuesday, May 14, 2024
Home People are Saying Citizens have to pay for the Powergen take or pay contract

Citizens have to pay for the Powergen take or pay contract

People are saying that the Govern­ment, through Corporation Sole, owns 51% of Powergen which means that 51% of Powergen’s profits are due to be paid to the Government. When T&TEC pays the outstanding debt, Powergen will have the cash to pay back 51% of its profits to the Government.People are saying this means that a…

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