Santo Domingo.- The energy sector’s authorities cringe at the term “financial blackout,” but the electricity distributors’ (Edes) crimped cash flow is evident in the output or lack thereof in nine of the system’s 19 plants, while the other 10 operate only partially.
Industry reports show that as many as four banks have shown interest in the US$500.0 million bond to pay the government’s debt with some power companies, but there’s no agreement yet on the nearly US$1.0 billion owed.
A report from the Electricity Superintendence (SIE) Energy Grid Agency (OC-SENI) issued Thursday afternoon confirms that the 4 plants at Haina, 2 in Puerto Plata, San Pedro PPRC 1 , CESPM 1, 2 and 3 and San Lorenzo 1 are off line.
It said Sultana del Este, Estrella del Mar, Itabo 1 and 2, La Vega, Palamara, Metaldom, San Felipe (northern Cibao), Rio San Juan and the INCA unit are partially operating.
The reports adds that sectors where collection rates are low will get more cuts or blackouts, including the northern districts of the capital, Santo Domingo West, Los Alcarrizos, Villa Mega and the cities of Azua, La Vega, San Francisco, Puerto Plata, Montecristi and Monte Plata.