Santo Domingo.- Dominican Republic’s power companies grouped in ADIE on Tuesday listed five actions it says will obtain the sector’s short-term financing, bail out the distribution companies (Edes), boost output and improve the power lines.
Among its proposals figure catting the inter-sector’s debt in arrears, decrease distribution losses to 20% in the next five years, increase Edes’ collections and focalize the electricity subsidy.
ADIE also suggests a revamped and expanded distribution system, turn users of the service into paying customers, and promote the expansion of the generating capacity.
In an emailed statement, ADIE affirms that those actions would lead to lowering the sector’s operating costs with higher generation from available units as well as the distribution’s financial costs, and improved service quality.
“This proposal is part of the measures that must be carried out in the short, medium and long term, to spur the electricity sector’s continued development, aimed at contributing with its financial sustainability,” ADIE said.