SANTO DOMINGO.- Technical and financial discussions on the project to install a submerged cable from Colombia to Dominican Republic and Puerto Rico begin in October, aimed at supplying electricity to the country at 40% less than current prices.
The National Energy Commission said a meeting will take place in Puerto Rico to work on an exclusive confidentiality agreement that three countries must sign to handle data for the project, that if materialized would be one of the region’s most ambitious engineering feats.
It said the commission designated in the country already approved the project financed by the Inter-American Development Bank (I.D.B.), through Colombia’s Government.
The cost, sea depths an the shortest points between Colombian and Dominican territory for the cable would be determined in the meeting, it said, and that Technicians of the State Power Companies (CDEEE), National Energy Commission, Puerto Rico Electrical Authority and Colombia Energy Ministry participate in the feasibility studies.
The first meeting to analyze the Colombian Government’s proposal took place in the country August 15, with the participation of Colombia’s Energy minister, a Puerto Rico Government representative and CNE president Arístides Fernandez Zucco.
SOURCE: diariolibre.com

If they haven't done a feasibility study, how on earth do these retards think the cost will be 40% less?
Please.......
I guess they think they will make it up on a volume type discount.
From: United States
This is a real pipe dream, and a sobering act in itself. To try to bring power from the FARC, ELN, the Para-Military squad, infested Colombia,"
You obviously haven't been to Columbia lately. The FARC is on the run and are pretty much stuck in a few pockets. Even with Chavez and Correa's help they will cease to be an efficient fighting force soon.
You obviously haven't been to Columbia lately. The FARC is on the run and are pretty much stuck in a few pockets. Even with Chavez and Correa's help they will cease to be an efficient fighting force soon.
No, I've never been to "Columbia". I have visited a Colombian Consulate at 5th AVE and 41 ST. in NYC, and it was like entering East Germany back in the day. No thanks; I doubt I'd visit such a place if the Consulate is like entering a federal prison.
My point is; How can anyone trade with a partner whose country is in mayhem, and has been so for dozens of years? To me Colombia is a Narco-Trafficking State. If it were not so, there would be law and order. If things are bad in DR; Wait until you have armed guerillas in the mountains?
Ever been to a US Embassy of Consulate?