Keen on the government’s mandate to find ways of reducing the high cost of electricity on Grand Bahama, the island’s minister, Dr. Michael Darville yesterday officially welcomed a group from Genting Energy.

Minister Darville, who has decried the high cost of electricity on Grand Bahama and its hindrance towards economic growth, said he was delighted to welcome the Malaysia-based company to Grand Bahama, a part of the Genting Group of Companies.

He explained that a few months ago, Prime Minister Perry Christie invited a team from the Genting group to conduct a feasibility study on energy and water proposals for The Bahamas.

“The cost of electricity remains a major challenge for all of us throughout The Bahamas and Grand Bahama is no exception,” he said.

“Therefore, as minister for Grand Bahama, it is my pleasure to welcome this group to our island, as reducing the cost of electricity, through the application of alternative forms of energy is a priority for our government.”

He also told the group, headed by Chief Financial Officer (CFO) Chew Weng Hong, that understanding the experience their company has in power generation, oil and gas, he is certain the feasibility study being conducted will prove to be helpful to the government and people of The Bahamas.

Minister Darville thanked the Genting Energy for the interest they have shown in The Bahamas and said he looks forward to a mutually beneficial partnership between the government and the Genting Group in the months and years to come.