Management of the Guyana Power and Light Inc (GPL) is now looking at measures, including a hike in electricity tariffs by 17%, to offset the $5.2 billion cut from its subventions in the national budget.
GPL Chief Executive Officer Bharat Dindyal yesterday told a news conference that the implications of the cuts are dire and he suggested that the combined opposition, which last Thursday voted to slash the proposed $10.2 billion in subventions by more than half to $5 billion, did so as a result