Chamber of Commerce complains about impact of blackouts on businesses and production

Chamber of Commerce complains about impact of blackouts on businesses and production

The Georgetown Chamber of Commerce and Industry (GCCI) has broken its silence on the ongoing electricity problems across the country and today registered its dissatisfaction with the spate of power outages that have gripped the country over the past few weeks.

In a statement, the private sector body expressed its ‘profound disappointment’ over the frequency of the power outages.

According to the Chamber, the continued spate of power disruptions is having an acute impact on the productivity of enterprises.

“The GCCI has also noted that this is cascading into general underperformance of enterprises. This continued loss of productive time, disruption to production and an overall hindrance to the smooth functioning of business will impede both growth and investment prospects,” GCCI said in its statement.

The GCCI has also reiterated its support for investments that will create a sustainable energy mix for Guyana including the Amaila Falls Hydropower Project, the Gas to Energy Project and Solar Farms.

The projects, the Chamber said, represent the future of Guyana’s energy supply.

 “However, the Chamber of Commerce also calls on the Guyana Power & Light and, by extension, the Government of Guyana to employ measures that will bridge the current generation shortfall. The Chamber is also of the view that better forecasting, planning and investments into the energy sector will profoundly mitigate this bugbear on the life of the Guyanese people,” the Chamber said.

Over the last few weeks, GPL said it has been experiencing a power generation shortfall as demand continues to rise.

The power company has complained that the electricity demand has outstripped its ability supply.

The company has also moved to remove large businesses from its grid during peak hours, but the situation has not improved.

In a statement yesterday, GPL said that it has procured a supplementary generation system which is expected to come on stream in mid-December.

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