GRENLEC

 

Grenlec is challenging the constitutionality of Government’s newly-legislated five percent “Social Fund” levied solely on the Company. On Monday, 12 February 2018, Grenlec filed a lawsuit against the Government of Grenada to protect the rights of its nearly 1600 shareholders. Grenlec contests the legality of Section 20 of the Electricity Supply (Amendment) Act 2017 which […]

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The Electricity Supply Act, 2016, demonstrated Parliament’s will to deal a telling blow against GRENLEC while introducing arrangements to facilitate a newly-found foreign darling!  Supposedly, ‘Charles Liu Power’ was to be made happy according to the ‘power’ of his deal. There is absolutely no doubt that Grenadians live under a dictatorship of the political parties, […]

Our tourism industry depends on Grenlec’s reliable service in more ways than one. Last month, Grenlec was proud to support the Grenada Tourism Authority, which co-hosted the annual Caribbean Tourism Association’s State of the Travel Industry Conference (SOTIC), October 9-13, 2017. SOTIC is the Caribbean’s leading regional tourism conference, featuring best practices and winning strategies […]

Grenlec strongly objects to recent legislation passed by the Government of Grenada requiring the Company to pay five percent (5%) of Grenlec’s pre-tax profits to a Government-controlled “Social Fund” controlled by the Minister and a Minister-appointed committee. This new law will effectively eliminate the Grenlec Community Partnership Initiative (GCPI), which has invested more than $22 […]

Grenlec is strongly objecting to legislation proposed by the Government of Grenada requiring the Company to pay five percent of Grenlec’s pre-tax profits to a Government-controlled “Social Fund” controlled by the Minister and a Minister-appointed committee. If enacted, this new law will effectively eliminate the Grenlec Community Partnership Initiative (GCPI), which has invested more than […]

As Grenlec marks the 10th anniversary of its debates, finalists in this year’s competition are sharpening their arguments for the final showdown of the 2017 season. The students will debate the motion “Be it resolved that the merits of the Grenada Revolution (1979-1983) far outweigh the demerits”. Brother and sister schools Presentation Brothers’ College and […]


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