Monday, January 3, 2011

Gov’t reevaluating Edesur contract after blackouts

Planning Minister Julio De Vido ratified that the national government is poised to apply several fines to the Edesur energy company, adding that they would “reevaluate their contract” with them and contact the Italian embassy in order to express “their profound criticism” of the latest blackouts.

Mr. De Vido explained “there was no apparent cause” for the blackouts since “there’s no such thing as an energy shortage” and once again blasted the three main energy companies.  

He ratified fines would go up to $70 million because “contracts are crystal clear when it comes to blackouts affecting industrial or residential areas.”

Edesur will be the one dealing with the largest fine since “60 or 70 percent of the blackouts came from them.”

“We will reevaluate their contract with us and see what the chances of cancellation are, in case there are any,” he concluded.