Superintendent of Power Julio Cross alerts of the problems Edesur and Edenorte power distributors are creating with their delayed payments to the power generators. As reported in Hoy newspaper, Cross said the arrears are bringing instability to the electrical distribution system.
Furthermore, he warned that the management of Edesur and Edenorte, the two Union Fenosa affiliates that control 60% of power distribution in the Dominican Republic, are at risk of being penalized by the Superintendent?s office.
A report in Diario Libre details the clash between Cross and the power distributors, amid mutual accusations and discrediting remarks. The distributors angrily fled a meeting after Cross refused to receive their accusatory note directed at him. The meeting?s purpose was to establish an agreement between the distributors and the generators EGE Haina and TCC (Seaboard) Ltd, however no accord was reached.
Cross enumerated the web of debts owed between the distributors and the power producers: Edesur and Edenorte owe EGE Haina US$31 million and RD$44 million pesos, respectively; a collective debt owed by Edesur and Edenorte to Seaboard stands at US$5 million; Edesur owes EGE Itabo RD$91 million; and CDE is owed RD$609 million from Edesur as well. The power distributors rejected these amounts and said that Cross was violating their constitutional rights.
