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Partnership between BPL and Bahamas Utilities Holdings Limited (BUC) to allow greater BPL generation capacity and improved service

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From: Bahamas Information Services

 

 

NASSAU, The Bahamas —  The Ministry of Energy and Transport, in collaboration with Bahamas Power and Light and Bahamas Utilities Holdings Ltd. held a Commissioning Ceremony for Dual Fuel Turbine Engines, October 15, 2024 at Sun Oil Headquarters, Clifton Pier.

Minister of Energy and Transport, the Hon. JoBeth Coleby-Davis said: “Today, we are commissioning two dual-fuel turbine engines, because of a public-private partnership between BPL and Bahamas Utilities Holdings Limited (BUC).

“The partnership is guided by a Power Purchase Agreement, commonly referred to as a PPA. PPA’s are standard practice in the energy field.

The PPA for this project includes clearly defined key performance indicators and penalties for nonperformance. Provisions have also been included to lock down rates, which will protect Bahamian households and businesses from large cost fluctuations.”

She noted, “In many countries, including the United States, PPAs have been successful in positively transforming the energy system, delivering consistent electricity supply, reducing carbon emissions, and providing cost-savings.

“The partnership with Bahamas Utilities Holdings Limited will allow for BPL to increase its generation capacity, with direct benefits for households and businesses in New Providence such as improved reliability in electricity service.

“Currently, the available electricity capacity on New Providence is 256 megawatts.  At full capacity, these engines will add 62 megawatts of electricity to the grid.

“The engines allow for dual fuel technology which will enhance operational flexibility, however by June 2025, the engines will run on LNG.

“The LNG fuel will be provided by Shell North America.”

The Minister explained that for over 60 years, Shell has been a pioneer in LNG and today has a leading integrated gas and LNG business, from producing gas, liquefying gas, trading and shipping it, then turning the LNG back into gas and distributing it to customers.  Further, she said, Shell is one of the world’s leading LNG suppliers, trading 67 million tonnes of LNG in 2023, around 16 percent of the global LNG market.

Continuing: “The partnership between BPL and Bahamas Utilities Holdings Limited is representative of a strategic solution that has proven to be effective and successful in transforming the energy market.

“As a small island developing nation, we must embrace partnerships to grow and deliver meaningful benefits for the Bahamian people. And if we are to be honest, several of our nation’s most successful projects have been birthed through partnerships – Atlantis, Baha Mar, and Lynden Pindling International Airport all stand as testaments to the value of positive partnerships.

“By partnering with reputable companies – those with international experience and proven track records of success, we firmly believe that a brighter energy future for our nation will be secured.

“And let there be no doubt, that as we partner with international companies, we are also resolute on creating opportunities for Bahamian businesses.

“We are proud that all the successful partners for the renewable projects in New Providence and the Family Islands are at least 51 percent Bahamian owned – and in some instances 100 percent Bahamian owned.”

Minister Coleby-Davis said more of the energy vision and plans will be shared in the near future, and pointed out some significant steps that have already been taken, including:  “the passage of the Electricity and Natural Gas Acts, the implementation of the Equity Rate Adjustment initiative at BPL which zero rated the base rate for the first 200 kilowatts of electricity for all residential consumers, the expansion of renewable energy projects in Schools, and the selection of independent power producers to build utility scale renewable energy power in the Family Islands.”

The energy transformation is a journey towards positive and meaningful lasting results, she said, and promise of a brighter energy future, eliciting for households, lower power bills; for large businesses inventory expansion and the hiring of additional staff, and for small and medium sized businesses, improved cash flows and profits.

 

(BIS Photos/Anthon Thompson)

Bahamas News

Fuel Pain at The Pump: Global Tensions Drive Prices Up as Bahamians Feel the Squeeze

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NASSAU, Bahamas — What should be a simple five-minute drive is fast becoming an expensive, hour-long ordeal, as rising fuel prices collide with worsening traffic congestion across New Providence.

As of early April 2026, gasoline prices across The Bahamas have climbed sharply, with motorists now paying an estimated $5.50 to over $6.50 per gallon, depending on the station and grade. The increases, seen at major retailers including Esso, Rubis and Shell, reflect a volatile global oil market driven by escalating geopolitical tensions.

The latest spike — in some cases jumping more than 50 cents per gallon within days — is being driven by uncertainty surrounding escalating tensions involving Iran. U.S. President Donald Trump has issued a direct ultimatum, warning that the United States could launch aggressive strikes on Iranian infrastructure, including power plants and key facilities, if demands are not met. While he has also expressed hope for a swift resolution, the threat of rapid escalation is already rattling global oil markets — and The Bahamas, heavily dependent on imported fuel, is feeling the impact almost immediately.

At the pumps, the frustration is real.

Drivers are now paying significantly more just to sit in traffic. Commutes that once took minutes are stretching into hour-long crawls, burning fuel with little movement and compounding the financial strain. For many residents, the issue isn’t just the price per gallon — it’s how quickly that gallon disappears.

Industry players are also bracing for impact. Higher diesel prices are expected to ripple across key sectors, including trucking, construction, and shipping — all of which ultimately feed into the cost of goods and services. In short, this is not just a fuel story; it’s an inflation story in the making.

Despite the surge, the Bahamas Petroleum Retailers Association has moved to calm fears, confirming that there is no fuel shortage. Supply remains stable, but consumers are being urged to adjust behavior — from maintaining proper tyre pressure to considering carpooling — small measures that could stretch every dollar a bit further.

Retailers, however, are not offering much comfort on price relief. While fluctuations are expected, insiders say the days of sudden price drops are unlikely in the immediate term. The “shock” increases may level off, but a meaningful decline hinges on global stability — something that currently feels out of reach.

For Bahamians, the reality is tightening: higher fuel costs, longer commutes, and a growing sense that relief isn’t coming anytime soon.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Bahamas News

FNM’S $200 CHILD SUPPORT PLAN SPARKS DEBATE AS PLP QUESTIONS FUNDING AND SCOPE

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NASSAU, Bahamas — The Free National Movement has rolled out details of its proposed $200 monthly Working Parent Child Support Initiative, but the announcement has already ignited political debate and prompted clarification from the party.

Leader Michael Pintard said the initiative would provide $200 per month to qualifying caregivers during the first two years of a child’s life, as part of a broader push to ease the cost of living for Bahamian families.

The party estimates the programme would cost between $12 million and $14 million annually, with funding to come from reducing what it describes as excessive government spending — particularly consultancy contracts.

However, the proposal quickly drew scrutiny.

The governing Progressive Liberal Party has challenged the feasibility of the plan, questioning how the payments would be sustained without increasing the deficit or introducing new taxes. The response forced the FNM to further outline its funding strategy, emphasizing that a 21 percent reduction in consultancy spending could fully finance the initiative.

The exchange has highlighted a familiar election-season tension — bold proposals versus practical execution.

Beyond the child support plan, Pintard outlined a wide-ranging policy agenda, including:

  • Removing VAT on select essential goods
  • Constructing 5,000 affordable homes within five years
  • Cutting the country’s food import bill by half
  • Strengthening enforcement against illegal immigration
  • Reforming the nation’s healthcare system

Pintard also took aim at the current administration, accusing it of mismanaging public funds and awarding more than $400 million in contracts without competitive bidding — claims which have further fueled political back-and-forth.

“The best way to pay for high-quality public services in the long run is to have a strong, efficient economy,” Pintard said, arguing that government spending must be redirected toward ordinary Bahamians.

While supporters have welcomed the proposals as timely relief for struggling families, critics remain cautious, pointing to unanswered questions around implementation, eligibility, and long-term sustainability.

With election momentum building, the debate surrounding the FNM’s plan underscores a broader reality — Bahamians are being presented with big promises, but increasingly demanding clear answers on how those promises will be delivered.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Bahamas News

COI UNVEILS FIRST 100 DAYS PLAN, PROMISING SWEEPING CHANGE AND BREAK FROM MAINSTREAM POLITICS

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NASSAU, Bahamas — The Coalition of Independents has rolled out its First 100 Days Plan, positioning it as a roadmap for rapid national transformation and a clear break from what it describes as the failures of the country’s two dominant political parties.

Leader Lincoln Bain introduced the plan during a recent public presentation, outlining a series of early actions his party says would be implemented immediately upon taking office.

At the heart of the proposal is a push to redistribute access to Crown land, a signature policy of the Coalition, which argues that Bahamians should have greater direct benefit from national resources. The plan also prioritizes the full implementation of Freedom of Information legislation, with Bain framing transparency as a cornerstone of restoring trust in government.

Additional focus areas include proposed reforms to the healthcare system, including improved compensation for nurses and medical professionals, and broader governance changes aimed at increasing accountability and reducing political control over national decision-making.

The Coalition has branded the plan as a historic first, describing itself as the only political group to present a structured 100-day agenda ahead of a general election.

But beyond the policy points, the messaging was unmistakable.

Bain and his team continue to urge Bahamians to move away from the traditional two-party system, arguing that both the Progressive Liberal Party and the Free National Movement have failed to deliver meaningful change despite decades of governance.

“The system is not working for the people,” has been a consistent refrain from the Coalition, which is campaigning on the idea of resetting how the country is governed.

While supporters view the 100-day plan as a bold and necessary shift, questions remain about the level of detail provided, particularly around costing, timelines, and how proposed changes would be executed within the existing structure of government.

Still, the rollout signals that the Coalition of Independents is seeking to position itself not just as an alternative voice, but as a ready governing option — one promising immediate action and systemic reform.

With election momentum building, the emergence of a defined 100-day agenda adds a new dimension to the political landscape, as Bahamians weigh competing visions for the country’s future.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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