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View Full Version : Segura invites the IPPs



NewsWhore
10-11-2006, 06:40 PM
If you go by today's front-page coverage, the upcoming meeting between the Independent Power Providers (IPPs) and the Commission to Renegotiate the Contracts of the Electric Sector (CRCES) headed by commission coordinator, Radhames Segura could pass unnoticed. There are, however, full-page announcements of the meeting in every newspaper. Segura is inviting the IPPs as well as the Edes (the electricity distributors) and the CDEEE (the government-owned portion of the sector) to next Wednesday's meeting. Each entity is being asked to present its position on the renegotiation of all the contracts that were signed in Madrid. Segura also appeals to the different parties to be "comprehensive" in the face of the "urgent need to renegotiate these contracts." For years, the industrial and commercial sectors have complained that the price structure of the Madrid contracts is creating an untenable competitive situation for Dominican interests.

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