Hugh Grant appointed new JPS President and CEO.
July 1, 2025
KINGSTON, Jamaica — The Jamaica Public Service (JPS) is raising concerns about the Government’s intention to acquire the licensed business at the expiration of the term of the licence in 2027.
Minister of Science, Energy, Telecommunications and Transport Daryl Vaz, during a press briefing on Tuesday, announced that the government will not be renewing the JPS all-island licence to supply electricity without re-negotiation of the current terms, and is open to exploring other contracts with interested parties.
Vaz further explained that JPS was informed by letter of the Government’s intention to renegotiate, via condition 27 of the current licence, which allows the Government to acquire the licensed business at the expiration of the term of the licence.
However, JPS CEO Hugh Grant, in a statement on Tuesday, expressed concern surrounding the announcement noting that “this development has several implications for the energy sector, and for the country in general. The JPS leadership, shareholders and legal teams will review the implications while engaging key stakeholders. Regardless of the path forward, we assure our customers that JPS remains steadfast in our commitment to deliver safe, reliable, resilient and cost-effective electricity service to the nation.”
READ: Gov’t will not renew JPS contract under existing terms — Vaz