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NewsWhore
07-22-2008, 03:40 PM
State-run Electricity Companies (CDEEE) vice president Radhames Segura says that the government will once again be trying to renegotiate several energy contracts. The goal is to save the government US$200 million annually. Segura said that the agreements are unfair, despite being legal, adding that the government would try to renegotiate the distortions in the Madrid Accord, Cogentrix and Smith Enron agreements in pursuit of savings to help tackle the rising electricity costs.

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