The executive vice president of the Public Electricity Corporation (CDEEE), Celso Marranzini has announced that by the end of 2011 at the latest 50% of the power generation in the Dominican Republic will be natural gas based. This will reduce the cost of power production.
As reported in 7dias.com.do, Marranzini also announced that investments in the grid and the tele-metering plan would enable the CDEEE to add 86,000 new paying customers. He expressed his satisfaction at Congress having passed a US$30 million loan to rehabilitate the grid, and improve conditions for the power distributors, EdeSur, EdeNorte and EdeEste to be more efficient in collecting on power served.