08.17.09

Suez Energy to manage PUC

Posted in Business and Economy at 11:04 am by Robert Klien

The private Suez Energy company is to manage electricity and water supplies. But electricity and water supplies will still be owned by the government. This was announced by Minister Joel Morgan on August 12.

According to the Minister for Environment, Natural Resources and Transport, with a view to improve Public Utilities Corporation (PUC) operation, its management will be placed under Suez Energy. He made this announcement at a press conference that was held in the presence of the PUC’s deputy chief executive Joel Valmont and the Seychelles Energy Commission’s chairman and chief executive Philippe Morin. The transfer of the corporation to the ministry and the appointment of the new commission followed the announcement.

Morgan added that “The government has decided to reinforce the PUC’s management with the help of the Suez company for a 2-year period to improve the operational efficiency of the corporation and eventually to hand over full responsibility for the company to Seychellois”. He suggested that the management of the PUC is doing a good job but it is meeting constraints in human resources and materials and this affects production costs and efficiency.

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