With the Guyana Power and Light Incorporated (GPL) falling short of its target for losses last year, Divisional Director of Loss Reduction Parsram Persaud has projected better results this year due to ongoing network upgrade works that have already yielded positive results.
Persaud made the disclosure while presenting the statistics on loss reduction at the power company’s annual presentation of its Operating Standards and Performance Targets to the Public Utilities Commission (PUC) last month.
The company was only able to contain its losses to 29.5% for 2017, as compared to its 2016 achievement of 29.2%, which was the same in 2015. Its target for 2017 was 27.6%.
