NewsWhore
09-03-2008, 04:20 PM
The Fernandez administration announced it would sign for US$130 million in new foreign loans to finance power distribution. The government agreed with electricity providers to invest US$460 million over the next four years to finance the electricity companies. President Leonel Fernandez met yesterday with electricity companies at the CDEEE club installations. Radhames Segura, vice president of the CDEEE, promised at the meeting a solution to the blackouts.
The government would be funding the sector with US$100 million in 2009, US$100 in 2010, US$130 million in 2011 and US$130 million in 2012. The World Bank, the Inter-American Development Bank and the Organization of Petroleum Exporting Countries (OPEC) would participate in the financing.
At the meeting, Fernandez spoke of other negotiations with the Korean Electric Power Corporation (Kepco) for coal-fired generation that are advanced.
As reported in the Listin, the government is optimistic that wind energy farms will make available 350 megawatts of power, while another plant would generate power by using garbage.
The Fernandez administration announced agreements have been signed with Palamara, La Vega (Union Fenosa), Ege-Haina, Ege-Itabo, Dominican Power Partners, Compania Electrica Puerto Plata.
As reported in El Nuevo Diario, the government is optimistic blackouts will diminish with the imminent entry of the San Felipe generator with 170 megawatts, Puerto Plata II with 36 megawatts, and Mitsubishi with 30 megawatts.
More... (http://www.dr1.com/index.html#5)
The government would be funding the sector with US$100 million in 2009, US$100 in 2010, US$130 million in 2011 and US$130 million in 2012. The World Bank, the Inter-American Development Bank and the Organization of Petroleum Exporting Countries (OPEC) would participate in the financing.
At the meeting, Fernandez spoke of other negotiations with the Korean Electric Power Corporation (Kepco) for coal-fired generation that are advanced.
As reported in the Listin, the government is optimistic that wind energy farms will make available 350 megawatts of power, while another plant would generate power by using garbage.
The Fernandez administration announced agreements have been signed with Palamara, La Vega (Union Fenosa), Ege-Haina, Ege-Itabo, Dominican Power Partners, Compania Electrica Puerto Plata.
As reported in El Nuevo Diario, the government is optimistic blackouts will diminish with the imminent entry of the San Felipe generator with 170 megawatts, Puerto Plata II with 36 megawatts, and Mitsubishi with 30 megawatts.
More... (http://www.dr1.com/index.html#5)