Providenciales, Turks & Caicos Islands, April 9, 2008 - Today, PPC Ltd announces its new groundbreaking Fortis/PPC Engineering Scholarship Program for qualified Belongers and staff. Three scholarships will be offered for the academic year 2008/2009; one four-year Engineering Degree (which is open to Belongers within and outside the company), and two three-year Engineering Technologists available to employees only. The winning recipients (selected by a scholarship committee) will receive paid tuition and housing to attend any accredited university in the United States, Canada or the Caribbean. Mr. Eddinton Powell, CEO stated "This scholarship program is part of PPC's effort to contribute to human capital development in the Turks & Caicos Islands; to train engineers and specifically to increase the number of Belonger technical and engineering staff in the company." Below is a list of requirements to qualify for selection.
- Applicants must have obtained excellent grades (2 / B or higher) in O' Level or A' Level examinations. (A notarized copy or originals of grades must be attached to the application or provided.)
- Applicants must provide a short essay (1,000 words maximum) on how they would be an asset to the company upon completion of the degree and return to the Turks and Caicos Islands.
- Applicants must provide a notarized copy of the acceptance letter from the university of choice.
- Finalist will be interviewed and one recipient will be selected for each scholarship.
PPC can provide guidance in helping potential candidates in selecting the universities and engineering programs. The emphasis is on Mechanical and Electrical Engineering.
The recipient will be bonded to the company for four years upon completion of the program. The recipient will also be expected to work with the company during vacation.
Applications must be mailed or hand delivered to the attention of Mrs. Judith Missick, Human Resources Manager, PPC Limited, Town Center Mall P.O. Box 132, Providenciales. Deadline for Submission is June 30th.
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P.P. C. Limited (PPC) and Atlantic Equipment & Power Limited (Atlantic) became a wholly owned subsidiary of Fortis Inc located in Newfoundland Canada in August 2006. PPC and Atlantic serve approximately 8,600 customers in the Turks & Caicos Islands. PPC is the sole provider of electricity in Providenciales, North Caicos and Middle Caicos. Atlantic is the sole provider of electricity in South Caicos. The utilities have a combined diesel-fired generating capacity of approximately 78.8 megawatts (MW).
Fortis Inc., the largest investor-owned distribution utility in Canada, serves almost two million gas and electric customers and has approximately $10 billion of assets. Its regulated holdings include a natural gas utility and electric utilities in five Canadian provinces and three Caribbean countries. Fortis Inc. owns non-regulated hydroelectric generation assets across Canada and in Belize and upper New York State. It also owns hotels and commercial real estate in Canada. Fortis Inc. shares are listed on the Toronto Stock Exchange and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com or www.sedar.com
CONTACT:
Allan Robinson
VP, Customer & Corporate Service
P.P.C Limited (PPC)
Tel: 649-946-4313
Email: arobinson@ppcltd.tc
