NewsWhore
05-12-2009, 06:20 PM
Radhames Segura, vice president of the Dominican Corporation of State-owned Electricity Enterprises (CDEEE) has called on the executives of AES Dominicana to withdraw their embargoes on the electricity distributors. In a public statement yesterday, the CDEEE executive said that this measure, to which the AES has a right, is creating unrest in the energy sector.
He said that the distributors have been handing over all the money they receive to the generators. Segura said that the government is also paying the generators, and of the US$140 million that was budgeted for the first four months of the year, they have paid US$126 million. The official accepted that what has been disbursed to the generators is not enough, but the distributors cannot do any more. He was speaking at a joint press conference with the directors of Ede-Sur, Ede-Norte and Ede-Este. According to Hoy and Diario Libre, the distributors and other agencies owe the generators a lot of money.
Segura said that the generators are owed US$37.48 million from 2008 and US$237 million so far in 2009. The debt that was frozen in 2004 was for US$194 million and brings the total to US$468 million. The debt is shared by the distributors (EDEs) and the CDEEE. The Edes also owe the CDEEE the Hydro and transmission companies some US$53 million for energy sales.
There are plans to reduce spending by RD$1.6 billion between May and December of this year. This is equivalent to US$43.74 million. One other measure will be to allow the direct purchase of fuel by the generators.
More... (http://www.dr1.com/index.html#2)
He said that the distributors have been handing over all the money they receive to the generators. Segura said that the government is also paying the generators, and of the US$140 million that was budgeted for the first four months of the year, they have paid US$126 million. The official accepted that what has been disbursed to the generators is not enough, but the distributors cannot do any more. He was speaking at a joint press conference with the directors of Ede-Sur, Ede-Norte and Ede-Este. According to Hoy and Diario Libre, the distributors and other agencies owe the generators a lot of money.
Segura said that the generators are owed US$37.48 million from 2008 and US$237 million so far in 2009. The debt that was frozen in 2004 was for US$194 million and brings the total to US$468 million. The debt is shared by the distributors (EDEs) and the CDEEE. The Edes also owe the CDEEE the Hydro and transmission companies some US$53 million for energy sales.
There are plans to reduce spending by RD$1.6 billion between May and December of this year. This is equivalent to US$43.74 million. One other measure will be to allow the direct purchase of fuel by the generators.
More... (http://www.dr1.com/index.html#2)