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Grid Vulnerabilities & Financial Strain at VINLEC
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Grid Vulnerabilities & Financial Strain at VINLEC
Opposition leader Ralph Gonsalves has issued a sharp warning regarding the operational and financial vulnerabilities facing St. Vincent Electricity Services Limited (VINLEC). Speaking on Star Radio, Gonsalves criticized the government’s policy of forcing the state-owned utility to absorb electricity fuel surcharges, cautioning that draining VINLEC’s cash reserves threatens critical grid maintenance and long-term capital expansion […]
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