The improvising in order to put the process through on time that went on regarding the privatization of the state electricity utility is now surfacing. Just two months into the contract, there are already millionaire differences between the state electricity utility and private companies. Hoy newspaper highlights the conflict between the CDE and the Unión Fenosa (Edesur and Edenorte), over what the private company has to pay the state electricity utility. The newspaper reports that the CDE expects to get paid RD$374 million for energy supplied in September, and Unión Fenosa’s numbers show it should only pay RD$110 million. The news report also indicates there are differences over the exchange rate to apply. Unión Fenosa and AES Distribuidora took over the distribution of power to Dominican businesses and homes in August 1999.
