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The Fair Trading Commission (FTC) has denied a Barbados Light & Power Co. Ltd (BL&P) proposal which would have assured the utility company of a higher financial return on investments in its electricity generation plant. In a March 25 decision on BL&P’s Application For A Review Of Depreciation Rates And Approval Of The Depreciation Policy, the regulator approved three of four areas requested, including the value of the transmission and …

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