The Guyana Power and Light (GPL) has forecast an $11B shortfall for 2012, with an escalation in fuel prices being the key factor and the utility has presented a calculation for a 19.5% tariff hike which the government says it will work to avoid.
According to the Government Information Agency (GINA), Chairman of the corporation, Winston Brassington during the company’s shareholders’ meeting on Friday stated that the acceptable 2010