Quantcast
Channel: Times Of Malta
Viewing all articles
Browse latest Browse all 77260

Muscat: Power station problems harm the economy

$
0
0

Labour leader Joseph Muscat said today that the damage to the Delimara power station extension was worrying because the government had reduced the country to being dependant on an old power station which was supposed to have shut down 15 years ago. Speaking at a PL activity in Mtarfa this morning, Dr Muscat said the situation was such as to possibly undermine the economy and jobs as many companies worried that they did not have security of energy supply. "Energy supply has been prejudiced" Dr Muscat said. "This will affect investment, it will affect jobs, and it will affect Malta's young people." Having a six-month delay in the power station extension was no joke, particularly if Malta risked suffering power cuts, he said. He said that the Minister of Finance should have, responsibly, informed the country of the situation before it was revealed by Labour MP Joe Mizzi in parliament. He said the regulators had lost all credibility because they too had not gone public. Because of the way the contract with BWSC had been drafted, Malta would now have to go to court just to get paid for the damages it would suffer, Dr Muscat said. And, he noted, litigation would have to take...

Viewing all articles
Browse latest Browse all 77260

Trending Articles