WASA exploring option to buy Desalcott as Govt owes plant $210M – Trinidad

As part of its attempt to prevent further blackmail, the beleaguered Water and Sewerage Authority (WASA) is exploring an option to purchase the Desalination Company of T&T (Desalcott) as a way of writing off its multi-million-dollar debt.

The confirmation came from Public Utilities Minister Marvin Gonzales after the Cabinet Sub-committee appointed to look into the operations of WASA in its recent report advised cash-strapped WASA that the utility can extricate itself from the contractual agreement with Desalcott by exercising its right to purchase the Point Lisas plant.

Gonzales who […]