As part of its commitment to cushion the cost of electricity, the Parliamentary Committee of Supply on Monday approved the supplementary amount of $6.6 billion for the Guyana Power and Light (GPL) to help offset rising operational costs.
Fielding questions from the opposition side of the House on the allocation, Senior Minister in the Office of the President with responsibility for finance, Dr Ashni Singh, explained that the sum was to offset expenses incurred by the company in its provision of electricity. Singh reminded the House of President Irfaan Ali’s announcement that the government would absorb all new additional costs in the production of electricity.