Santo Domingo.- Temporary power company Aggreko, of Scotland, has won an US$80 million (£50.2m) contract in the Dominican Republic, BBC reports.
It said under a two-year deal, the Glasgow firm will provide 100MW of gas-fuelled power for state-controlled electrical distribution company Edenorte. “The move follows a rapid rise in demand for electricity in the country, which has affected national grid stability.”
Aggreko made the announcement as it reported more than 20% underlying revenue growth in the first quarter.
Celso Marranzini, CEO State-owned power utility CDEEE, said Edenorte’s agreement with Aggreko was "part of the short-term solution to the energy situation that the country has suffered for more than 40 years".
The deal with Edenorte, one of the CDEEE’s three distributors, brings Aggreko's order intake for international power projects so far this year to 450MW.
Written by: josean, 12 Apr 2012 9:30 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
"Temporary power company Aggreko"
How appropriate since ALL electrical service in DR is TEMPORARY!
From: Dominican Republic
Naturally its temporary, they won't get paid so they will leave.
From: Dominican Republic, Santo Domingo
Dominican Today we saw some time ago of a natural gas plant in Manzanillo Monte Cristi than 300 megawatts that would start to produce the first phase in twelve months, what happened to her, for CDEEE comments were not very friendly to the private investment generating turbines, without government guarantee, which we believe are more efficient than the engines.
We would like to know how much it would cost KW / hour
Written by: VStar650, 12 Apr 2012 10:59 AM
From: Dominican Republic
Now we get to pay for temporary power.... I wonder if we must now pay for the blackouts too.
Written by: josean, 12 Apr 2012 11:08 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
VStar650,
I got news for you that's the only thing we have been paying for!
From: United States, I dont even live inside a house , I haunt one!
Celso Marranzini, CEO State-owned power utility CDEEE, said Edenorte’s agreement with Aggreko was "part of the short-term solution
shorte term solution , so I guess is better to just put a patch on a old deep wound . How about some long term solution you morons.
Written by: josean, 12 Apr 2012 11:28 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
Helly,
Long Term is not in the PURPLE vocabulary!
These are quick “fix”, evenif it falls apart tomorrow, fast buck in the pocket fellows!
From: United States, NJ
josean:
Well put ,since all services are temporary,when you get it.
What i don't understand is why all these rental power plants, when DR could build its own and keep it inland and at the long run it is cheper?
Written by: Juango, 12 Apr 2012 1:22 PM
From: United States, far S. Florida (formerly Santo Domingo)
I have lost total respect for Marranzini for his statement in the above article. He is showing he is just another political hack for Leo's PLD ! Regardless, a new100 MW installed capacity, NG fired power plant fully integrated into the national gird, is a bargin at $80 MM USD. Somehow these press releases/conferences of new power plant projects are becoming like, the Flavor of the Month at HELADOS BON. Not holding my breath.....
From: United States, NJ
jhcl2012:
What does your political view have to do with this article? Stick to the article and forget about politic
NO MATTER WHAT POLICAL PARTY WINS, THEY WILL DO LESS AND LESS FOR DR,UNLESS
THERE IS SOMETHING FOR YOU DOWN THE ROAD?
From: United States, NJ
juango;
Mr Marranzini could do so much if the money is not there for caspital projects as it was for the METRO. The writing is on the wall . US80mns for 2 years lease,after that they take the PP off the grid and go back home to Scotland,if the gvt does not pay its bill.
The topic explains it very clear "temporary" this is done while the permanent PP gets finished,If there is one in construction. Since there is none been constructed and the gvt does not comply with payments it "the gvt" will be forced to extend the lease at the company's going rate then, because the need is there or face diconnnect.
Strange as it sounds, DR never had so much credit offering before The METRO got approved
by the W/B or IMF and to to do temporary construction in connection with the METRO. You notice all these are in conjuction with the loan for the METRO since it needs power to move IT?
From: United States, FREEPORT, Long Island.... ((You're blind to the fact that you're blind))
And people wonder why all the negative postings......
What every happened to the 750 million USD borrowed for the initial debt of 500 million USD. Can someone over there please explain. I have been waiting for two years now and nothing....
Funny how bautista's fortune amounts to the same monies misplaced by leo.......
Written by: Juango, 12 Apr 2012 2:32 PM
From: United States, far S. Florida (formerly Santo Domingo)
Thelmo:
I stand corrected, and retract my negative comment toward Marranzini. I failed to read the article carefully, and did not understand it is for a temporary two year agreement. Is this power plant barge/ship mounted? That is the only way I can see a foreign investor place that asset on Dominican soil. A land based plant would be almost impossible to move (economically/politically) to another site/elsewhere should anything go wrong.
Written by: RoyStone, 12 Apr 2012 6:50 PM
From: Australia
The Scots are excellent engineers, especially marine engineers, and are scrupulously honest. What are they doing here?
From: United States, NJ
juango:
Of course the PP are on barges provided by Scotland ,once the agreement expires the company has the option of increasing the KW/HR for two more years or disconnect and go back home. Either case DR is screwed and the METRO would come to a stand still unless it builds power plants of its own forever, for the same amount of money it is renting for two years. They could not
see beyond their noses,
From: United States, NJ
I agree with Roy,but when it comes to business they are ferosiously worlwide.Don't go too far we have in DR "EL BANCO DE ESCOCIA" It could very well be the finacing bank behind this project. I hope so,since they are there for over 75 years and understand the the DR problems and no gvt is going to give them the shaft.
Written by: RoyStone, 12 Apr 2012 8:01 PM
From: Australia
The country should engage someone to build and run a full-sized nuclear power plant to power the entire country. If built and run to adequate standards. This would provide the safest, cleanest, cheapest and most reliable source of electricity.
From: United States, NJ
Roy :
That is what i have been saying all along, Cost to build such a thing by DR gvt is not practical .It would cost more than the METRO , We are talking about US$ 4.5 billions and the technicians to
run it and supply the uranium. That is why i had mentioned France with all the experience they have and no accidents.Also we have to keep in mind building it in a seismic area such as DR, would be a project. France has not experiece any earthquake ,Japan is the only one.
No country wants any part of citizens that do not want to pay for its electricity and its gvt don't enforce it France is not diferent,Unless they bring in the French Foreign Legion and remove the
(GOONS) national police as well as the military that are doing nothing but collecting a fat check
and a juicy pension seating on their asses and making illegitimate babies.
From: United States
I wonder.. How Josy Anne came with those stories..
because he is the FIRST one in the WHOLE world that knows it..
or maybe he is in his delusional state ?His extreme PPH fanatism build an hipotetic world as usual, So please excuse him everyone..
Uff.. Josy Anne ..You did it..OUT of the box .. again.
Written by: RoyStone, 14 Apr 2012 12:42 PM
From: Australia
MrThelmoAlmeydaRancier,
The high cost of nuclear power plants is due largely to their excessively high compliance costs. No one would deny the need to be safe, however the standards generally demanded of nuclear power plants are far, far higher than other forms of power generation. Where this government to enforce sensible standards the cost would be much lower.
Also the small size of this country, and the concentration of areas of high demand, the transmission costs of a centralized system would not be great.
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"Temporary power company Aggreko"
How appropriate since ALL electrical service in DR is TEMPORARY!
We would like to know how much it would cost KW / hour
VStar650,
I got news for you that's the only thing we have been paying for!
shorte term solution , so I guess is better to just put a patch on a old deep wound . How about some long term solution you morons.
Helly,
Long Term is not in the PURPLE vocabulary!
These are quick “fix”, evenif it falls apart tomorrow, fast buck in the pocket fellows!
Well put ,since all services are temporary,when you get it.
What i don't understand is why all these rental power plants, when DR could build its own and keep it inland and at the long run it is cheper?
What does your political view have to do with this article? Stick to the article and forget about politic
NO MATTER WHAT POLICAL PARTY WINS, THEY WILL DO LESS AND LESS FOR DR,UNLESS
THERE IS SOMETHING FOR YOU DOWN THE ROAD?
Mr Marranzini could do so much if the money is not there for caspital projects as it was for the METRO. The writing is on the wall . US80mns for 2 years lease,after that they take the PP off the grid and go back home to Scotland,if the gvt does not pay its bill.
The topic explains it very clear "temporary" this is done while the permanent PP gets finished,If there is one in construction. Since there is none been constructed and the gvt does not comply with payments it "the gvt" will be forced to extend the lease at the company's going rate then, because the need is there or face diconnnect.
Strange as it sounds, DR never had so much credit offering before The METRO got approved
by the W/B or IMF and to to do temporary construction in connection with the METRO. You notice all these are in conjuction with the loan for the METRO since it needs power to move IT?
What every happened to the 750 million USD borrowed for the initial debt of 500 million USD. Can someone over there please explain. I have been waiting for two years now and nothing....
Funny how bautista's fortune amounts to the same monies misplaced by leo.......
I stand corrected, and retract my negative comment toward Marranzini. I failed to read the article carefully, and did not understand it is for a temporary two year agreement. Is this power plant barge/ship mounted? That is the only way I can see a foreign investor place that asset on Dominican soil. A land based plant would be almost impossible to move (economically/politically) to another site/elsewhere should anything go wrong.
Of course the PP are on barges provided by Scotland ,once the agreement expires the company has the option of increasing the KW/HR for two more years or disconnect and go back home. Either case DR is screwed and the METRO would come to a stand still unless it builds power plants of its own forever, for the same amount of money it is renting for two years. They could not
see beyond their noses,
That is what i have been saying all along, Cost to build such a thing by DR gvt is not practical .It would cost more than the METRO , We are talking about US$ 4.5 billions and the technicians to
run it and supply the uranium. That is why i had mentioned France with all the experience they have and no accidents.Also we have to keep in mind building it in a seismic area such as DR, would be a project. France has not experiece any earthquake ,Japan is the only one.
No country wants any part of citizens that do not want to pay for its electricity and its gvt don't enforce it France is not diferent,Unless they bring in the French Foreign Legion and remove the
(GOONS) national police as well as the military that are doing nothing but collecting a fat check
and a juicy pension seating on their asses and making illegitimate babies.
I wonder.. How Josy Anne came with those stories..
because he is the FIRST one in the WHOLE world that knows it..
or maybe he is in his delusional state ?His extreme PPH fanatism build an hipotetic world as usual, So please excuse him everyone..
Uff.. Josy Anne ..You did it..OUT of the box .. again.
The high cost of nuclear power plants is due largely to their excessively high compliance costs. No one would deny the need to be safe, however the standards generally demanded of nuclear power plants are far, far higher than other forms of power generation. Where this government to enforce sensible standards the cost would be much lower.
Also the small size of this country, and the concentration of areas of high demand, the transmission costs of a centralized system would not be great.