Greeks bearing gifts and all that
From a report in The Times, 10 January 2013:
The status quo was also tackled by PL candidate Konrad Mizzi, who unveiled the Labour proposal on Tuesday.
He said if things did not change, Enemalta risked becoming “another Dockyard”, which was costing the country millions of euro a year before it was closed by the Government in 2009.
Dr Mizzi said an expression of interest will be issued in April followed by a month-long roadshow to entice investors.
The procurement and awarding of the tender are planned for September this year, with the new plant delivered and commissioned within 18 months.
He said the party took a prudent approach to make energy tariffs sustainable and help businesses become competitive. Under Labour’s plan, the unit cost of electricity would be brought down to 9c6 from the present 18c, which would include a return on capital and a profit margin.A Labour
government would build a terminal rather than invest in a pipeline that would cost €140 million.
This would enable it to buy gas from all over Europe.
Labour would also build a new gas power station in Delimara, which would have a better efficiency rate.
The tall chimney spoiling the Delimara skyline would be removed by 2015.
He said that the required €376 million investment would be largely financed by the private sector without the need to privatise Enemalta, which would be buying electricity.
Mr Mizzi said €77 million would be invested to reduce tariffs by 25 per cent for households and €110 million earmarked to bring Enemalta back on its feet. Businesses would also see a reduction of around 25 per cent in their tariffs.
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http://www.timesofmalta.com/articles/view/20130110/news/Muscat-proposals-are-credible-and-doable-.452599
“He said that the required €376 million investment would be largely financed by the private sector ..”
Getting the private sector interested in government projects is easier said than done and Labour are experiencing this in many areas.
http://www.timesofmalta.com/articles/view/20141018/local/just-one-bid-for-gozo-cruise-terminal-and-marina-project.540207
There is only one thing left that is doable.
That is dispatching Kurrat to Beijing for good.
This time round at his expense, I hope.
He can survive very well on his wife’s ‘salarju fenomenali’.
Ahh so he even said the chimney would be removed, and by 2015. I guess they should start dismantling it in the next few weeks to make the self-imposed deadline.