Progressive Liberal Party (PLP) Leader Philip Brave Davis said yesterday the party has several concerns over the construction of a new Bahamas Power and Light (BPL) plant.
On Monday, BPL announced that it signed a contract with Finnish technology group Wartsila to install a new 132-megawatt engine power plant at the Clifton Pier site that will cost approximately $95 million.
“I don’t think they are confident in their plan,” said Davis, the former minister responsible for BPL.
“We still don’t understand what their plans are for BPL and there’s also a question of the funding for the construction of this plant.
“That’s another question that will have to be answered.
“Where would the funds derive from for the construction of these plants?”
When asked how the company plans to pay for the $95 million project, BPL CEO Whitney Heastie said, “The money is actually coming from capital works that were deferred in favor of this new generation.”
However, he would not indicate what percentage of those funds would come from capital works and simply noted that it was a “great percentage”.
Yesterday, Davis told reporters the PLP wants BPL to respond to queries about the process for selection for Wartsila and the length of time that it’s going to take for this project to be completed.
BPL said the project will be completed by the end of the summer.