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Santo Domingo.- State Electric Utility (CDEEE) CEO Ruben Bichara yesterday said the Government has long sought to review the contracts with the power companies, for which there’s a need to talk.
He said the solution to the system’s problems requires not only actions regarding contracts, but the contribution by all those in the entire sector, noting that the generation issue "has the greatest weight."
Bichara said the CDEEE’s debt of more than US$1.0 billion, cannot be blamed on one person.
The CDEEE owes the power companies US$500 million, US$116 million of frozen debt, US$17 million to the refinery Refidomsa, US$ 260 million to the Reservas Bank and US$70 million to suppliers.
Bichara said among the government's measures to tackle the electricity sector crisis figure the National Electrical pact, which will begin to be discussed soon and "should culminate in a solution, and those who sign the pact have to abide by it to the end,".
For National Energy Commission (CNE) president Enrique Ramirez, the Government’s proposed pact "will deal with contracts, fees, investment and distribution policies.” He said it will define what is government or private property.
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Lie-onel and Margarita could write checks from their personal accounts full of ill-gotten funds and pay these little debts!
Oh here we go again.
Morons, this has been the approach for the last 12 years ! It does NOTHING.
Dominicans have Groundhogs day down to a science.
Q. WHY IF THE AVERAGE PRICE FROM THE IPP IS 6 CENTS/KWH THAT THE BASE PRICE FROM CDEEEEEEEEEE IS 11CENTS /KWH????
Q.WHY IS MY G.D BILL SO HIGH??
Josean, It was during Hipolito government that the electrical contract with those foreign companies were signed and guess what some of the people that got involved in the negotiation table are now getting a pay check every month up to 20,000USD just for being the mediators. So please stop saying Leonel and Margarita because during Leonel two last terrms he managed to renegotiate three of the countracts which had saved the country about 600,000.000USD in last 7 years.
on your house for less interest,while the principal stays the same.Unless the entire debt is paid in full we are back to where we started.We will never get off this hole by paying the interest only !
It’s simple divide and concur, divide the PRD and make them fight among each other, then move in and steal. Wow, when will the Dominicans learn that we have to help each other. No help our selves to everything we can steal…..
Lie, deny, make false and counter accusations
Lie number one, “there is nothing wrong”
Deny “we did not steal anything”
Make counter accusations “it was Hippo and the PRD that did it”
Don’t be a foul !!!!!!!!
bernie the base price to cdeeeee fro ipp who sells to edenorte etc i pay 27 us cents per kwh