The Haina Electricity Generating Company (Ege-Haina) will build two 120-megawatt coal-fired generating plants in the area of the mouth of the Haina River, with the first phase of the operation going on line in 2016 or 2017.
Diario Libre obtained the information on the plants that will be built in two stages and estimates the total cost at US$624 million. It is expected that the start of production of these new plants will lead to a reduction in the price of energy in the spot market. This means, that at the level of the Interconnected Electricity System (SENI), it will cause a reduction of approximately three cents (US$). Nonetheless, the lowering of the cost of energy that consumers will receive will depend on how the distributors adjust their prices. The new plants will replace the old ones located in the area, some of which are shut down, which will translate into a price reduction, since they will replace the inefficient generating plants currently in operation.