The management of the Power Gen is denying reports that the company's Wrightson Road property will be sold to a business conglomerate.
In a statement issued Monday, PowerGen's management said it had been made aware of false information being shared on various social media platforms which states that PowerGen’s property at Wrightson Road, Port of Spain has been sold to ANSA McAL.
PowerGen said that its Port of Spain property is still vested in the company and that there are no discussions or arrangements at this time for the sale of same to any entity.
PowerGen closed the plant in January 2016, marking the end of 121 years of power generation from that plant.
The company had issued a statement then which said:
"Thursday January 14th 2016 marked the day that the curtain came down on PowerGen's Port-of-Spain plant. The four stacks that have held iconic status in the landscape are now retired and will soon no longer form part of the Port of Spain skyline.
This mandatory cessation of power supply is in accordance with contractual terms between the Power Generation Company of Trinidad and Tobago Limited (PowerGen) and the Trinidad & Tobago Electricity Commission (T&TEC)."
Since it was first established by Edgar Trip in 1895 and through the changes to a state-owned enterprise in 1937, this site has been a power source to Trinidad.
With the establishment of the 33,000 Volt Busbar System, installation of the Parsons Steam Turbine units in 1961, and the installation of the General Electric Steam Turbine Units in 1969 and 1974, the Port of Spain Power plant produced power at a capacity of 260,000 kilowatt. By 1984, that had increased to 308,000 kilowatt with the addition of two 24,000 kilowatt Rolls Royce Gas Turbine driven generators.
PowerGen continues to operate its two power plants at Point Lisas and Penal.