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April 22, 2022
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Government would study feasibility in Edes private sector

Gobierno estudiaría viabilidad en Edes sector privado

The Dominican government requested last year the Inter-American Development Bank (IDB) a technical cooperation non refundable to determine the viability of the project “Participation of the Private Sector in the Country’s Electricity Distribution Companies”, through the General Directorate of Public-Private Partnerships (Dgapp).

Through a six card July 2021 to the international organization, the Ministry of Economy indicates that the objective of this cooperation is to develop the socioeconomic analysis, eligibility, value for money risk and fiscal analysis required by the Public-Private Partnership Law.

He says that in the project, the Dgapp has the responsibility of conducting, evaluating and structuring the possible process of public initiative for the award of Management Contracts of Public-Private Alliances of Electricity Distributors.

Electricity sector losses drop to 18%

The losses of electricity distributorsin the first quarter of this year dropped to 28%well below the goal, reported yesterday the executive vice president of the Unified Council of Electricity Distribution Companies, Andres Astacio.

He explained that of the three electricity distribution companies (Ede), Edeeste closed the first quarter at 39%, Edesur 24% and Edenorte at 20%.

He pointed out that Edeeste’s high percentage of loss is due to the fact that its concession area covers most of the poor neighborhoods of Greater Santo Domingo.

He stressed that in the first quarter of last year losses reached 52%for which Edeeste is the one that registers the greatest pronounced improvement in the period January-March 2022.

He stated that Edeeste has the worst commercial infrastructure of the three distributors.

The goal for this year, he said, is to close the losses of electricity distributors below 30%. He remembered that last year closed at 32.5%.

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