Oversight board says it will help speed up projects to fix Puerto Rico's electric grid

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Oversight board says it will help speed up projects to fix Puerto Rico's electric grid
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A federal control board that oversees Puerto Rico’s finances says it will step in to help speed up projects to fix the island’s crumbling power grid as widespread outages persist.

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He added that if a viable alternative is not immediately available, it would only lead to further delays. He characterized conversations about canceling the contract as “premature” and said officials need to prioritize projects that can be completed immediately as he urged federal agencies to expedite approvals and waivers.

He said his administration has been advancing money to contractors as one way to help speed up reconstruction of the grid, razed by Maria in September 2017. The push to move toward renewable energy on an island where fossil fuels generate about 94% of its electricity has drawn increased scrutiny to a net-metering law. In late July,As the board met on Wednesday, protesters gathered outside to demand that it withdraw the lawsuit, with organizers submitting a petition with 7,000 signatures in support.

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