NewsWhore
09-29-2010, 03:40 PM
The executive vice president of the Public Electricity Corporation Celso Marranzini is asking legislators at the Chamber of Deputies to approve a loan for US$30 million that will be used to improve electricity transmission. The money, according to Marranzini, is from the Organization of Petroleum Exporting Countries (OPEC) Fund for International Development, and will be used to repair the nation's transmission lines.
He said that some of the money would be used to install electric meters in areas not covered by the PRA (the Program to Reduce Blackouts, now defunct).
Listin Diario says that Marranzini told the deputies that the program would reduce losses from the current 48% to 17%. He said that once the tele-meters were installed, the electricity distributors could monitor consumption 24 hours a day without needing brigades of meter readers.
The measure also reduces the risk of fraud.
The loan contract, which has been in Congress for a year, also has a US$10.8 million social component to assist the communities where the power lines will be renovated.
The head of the Energy Commission in the Chamber of Deputies, Marino Collante, told reporters that "(the deputies) had never received such a convincing explanation of the present and future plans of the CDEEE".
More... (http://www.dr1.com/index.html#7)
He said that some of the money would be used to install electric meters in areas not covered by the PRA (the Program to Reduce Blackouts, now defunct).
Listin Diario says that Marranzini told the deputies that the program would reduce losses from the current 48% to 17%. He said that once the tele-meters were installed, the electricity distributors could monitor consumption 24 hours a day without needing brigades of meter readers.
The measure also reduces the risk of fraud.
The loan contract, which has been in Congress for a year, also has a US$10.8 million social component to assist the communities where the power lines will be renovated.
The head of the Energy Commission in the Chamber of Deputies, Marino Collante, told reporters that "(the deputies) had never received such a convincing explanation of the present and future plans of the CDEEE".
More... (http://www.dr1.com/index.html#7)