The first phase of the reservoir impoundment (filling the reservoir with water) of the Mt. Coffee Hydropower Dam Project in Harrisburg has been completed, paving the way for the commissioning of the first 22 megawatt turbine in December.“By October 19, the team on the Mt. Coffee Hydropower Rehabilitation Project successfully completed the reservoir impoundment (filling the reservoir with water). This major milestone is a pre-condition for commissioning of the first turbine,” Bill Hakin, Project Director of the Project Implementation Unit (PIU) of the Liberia Electricity Corporation (LEC) said. On October 15, the spillway gates were gradually closed in order to increase the water level in the reservoir. On Wednesday, October 19, the water level reached 28 metres above sea level (masl), which is just one meter below the maximum operating level. “This is a significant milestone in the project for us, because at this water level, we are now able to start testing the first turbine unit, and this wouldn’t have been possible without great team work and a lot of dedication,” said Hakin.Despite a number of challenges, he said, the project is still on track to allow the hydropower facility to deliver electricity to the LEC grid by mid December 2016 as planned. Local fishermen were evidently also pleased with this result since it is 26 years since the water level has been this high in the reservoir, and it is now ripe for fishing, a press release from the Liberia Electricity Corporation said yesterday.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
CEO goes on Maternity Leave; now Shorrell Dames is reporting Magnetic Media recommended Valentine’s Day Events Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:instant media, magnetic media, podcast Culture & Heritage Policy/Plan Survey Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 29 Oct 2014 – Magnetic Media is really on the move! The Gateway of the Caribbean! We are giving audiences an Instant Media (IM) experience and growing our digital fan and follower base! All major social media! Up to date on new media platforms! Expanding on traditional media! And for the first time in the Turks and Caicos and The Bahamas; our TV and Radio news is available on i Tunes! Podcast! This is just the beginning… stay tuned; November and December 2014 will bring even more multi-media & multi-market breakthroughs as we enhance ways to see our Clients, our Content, our Culture and our Caribbean! We believe in ONE Caribbean!SUBSCIBE HERE!https://itunes.apple.com/tc/podcast/magnetic-media-caribbean-news/id928762719?mt=2
TCI Govt Year End Report: $67.8 Million surplus, MPs row over service charge Related Items:#magneticmedianews, #resortrecommendationstogovernment, #ServiceChargebill TCI: Landmark vote, House of Assembly members support workers getting full service charge Facebook Twitter Google+LinkedInPinterestWhatsApp TCI: ‘Big mistake’ says Deputy Premier after Gansevoort staff ‘change’ letter leaked Facebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, March 30, 2017 – Providenciales – The national conversation being had about service charge has to be handled right or it could lead to a shut-down of expansions or closure of resort properties in the TCI. Confusions over the reason for the tax to guests, the revenue itself and how it is dispersed and even the name of the tax are emerging everyday with more and more information coming and more and more people being engaged in the conversation.One thing appears clear though, both major political parties are determined to fulfill campaign promises to industry employees to see them receive 100% of this fee, currently they are getting 60% of the tax, and not 40% as we had previously reported. Titles like gratuity, service charge, resort fee and facilities fee have all been linked to this money which is vital to the workers’ take home pay and vital, Magnetic Media is learning to the operation of the resorts.On Tuesday, the PDM Administration announced that a survey was launched to begin public engagement and last week, PNP Appointment Member, Royal Robinson seemed to pick up where his brother, Clarence Selver left off. As the then PDM appointed Member, Selver also tried to champion that all of this money should go to hospitality workers. Many resorts are exposing though that to lose the 40% or not to get at least that 40% would be catastrophic when it comes to the profitability of the properties; in some cases it would actually eliminate profits say some.One recommendation which Magnetic Media has been exposed to is that there needs to be clarity in the terminology. The charge needs to be a guest paid tip or gratuity – newly created – which goes 100% to the hospitality worker and that there needs to be a name change of service charge to something more suitable like facilities or resort fee. Once established, this facilities or resort fee could continue to be split, 60-40 as is the case currently. It will mean guests voluntarily leave money in a newly created revenue stream and all of it goes to the staff; and that the staffers continue to get their 60% share of a resort or facilities fee with the resorts holding onto the 40% to offset operational costs.Magnetic Media is told that this will have to be discussed with government as the major focus is obviously to appease the thousands of workers in the sector, who believe they have for years been shortchanged by not getting this collected money in full.#MagneticMediaNews#Servicechargebill#resortrecommendationstogovernment Recommended for you
Juventus star Cristiano Ronaldo has sold the Cheshire mansion he lived in while playing for English side Manchester United – for £3.25 million.The amount is – £645,000 less than he bought it for in 2008 as he reportedly paid £3,895,000 for the five-bedroom property in Alderley Edge.Ronaldo who now lives in Turin following his arrival at Juventus last summer bought the three-floor house just a year before signing for Spanish giants Real Madrid. There were reports the former Madrid player first tried to sell the mansion in 2009, but was unable to find a buyer hence the decision to lease it.Maurizio Sarri satisfied despite Juventus’ draw at Fiorentina Andrew Smyth – September 14, 2019 Maurizio Sarri was satisfied with Juventus’ performance on Saturday afternoon after finishing a tough game at Fiorentina 0-0.Manchester United and England defender Luke Shaw rented the property since 2014, paying £7,000-a-month.However, Daily Mail reports that the house which was put up for sale in last Christmas has now been bought, ‘subject to contract’.Ronaldo played for Manchester United before signing for Real Madrid in 2009.