NewsWhore
01-15-2007, 03:50 PM
President Leonel Fernandez met with his electricity cabinet on Friday to define their plan of action for 2007. After the meeting, which lasted for over three hours, CDEEE executive vice president Radhames Segura reported that the government was not thinking of increasing the electricity rates in 2007. Segura also said that the government was planning on increasing the supply of energy to customers as well as increasing the number of paying customers. He also promised increased government investment in the energy sector. The CDEEE executive said that negotiations with at least three of the Independent Power Providers (IPPs) had produced an agreement, but he refused to identify the three entities.
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