ERA starts-over on new power bid process

| 05/12/2013

(CNS Business): Following the allegations of corruption surrounding the selection of DECCO to generate an extra 36 megawatts of power in Grand Cayman, the Electricity Regulatory Authority is re-tendering the project. It is now seeking statements of qualifications from potential bidders to participate in the new competitive solicitation to build, own and operate the new generating capacity by 2016. On 15 July the ERA confirmed that it had cancelled the previous solicitation process due to "unavoidable and unforeseen delays". The problems on the previous selection were triggered when the ERA’s former MD, Joey Ebanks, was sacked, arrested for theft and other offences and charged, but then began making allegations of corruption surrounding the process. Read more on CNS Business

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Category: Business

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