BVIECBritish Virgin Islands Electricity Corporation (Tortola, British Virgin Islands)
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There is no way that the BVIEC will be able to repay this loan, and still regulate the electricity problem of the Territory.
It will provide a more reliable electricity supply and afford BVIEC the opportunity to perform both planned and unplanned maintenance on its generation assets.
Steve Turnbull, said the BVIEC since last November had a litany of problems as a result of faulty generators and turbo-charges, and had found it difficult to get parts.