The order was channeled through a letter sent to the Minister of Economy, Luis Caputoon October 24 and was signed by the Senators of Citizen Union (Front of All): The Neuquinos Oscar Parrilli and Silvia Sapag and the rionegrinos Martín Doñate and Silvina García Larraburu.
The focus is on the sale of hydroelectric plants Alicurá, Chocón, Cerros Colorados and loses the eagle, who were converted into recently anonymous societies, with the Decree 718/24.
In the text of the note to which he accessed Energy Reportlegislators justify their request by stating that the dam concessions system “It has not resulted in economic benefits for the country, or investments for the improvement and expansion of them and much less of the Argentine electrical system”and that despite this, the concession to private capital was “opted as a mechanism for the operation and maintenance” of the centrals.
The senators also recalled that the provinces are due to the natural resources where the dams are located and that “they have not been taken into account” to analyze the possibility that they take over the operation and maintenance. “According to the National Constitution, the resources are from the provinces and according to the Laws 15,336 and 24,065 On hydroelectricity infrastructure, it establishes that an asset can only be concessioned and never sold “to a private.
Therefore, they requested, it is modified Article 6 of Decree 895, in such a way that 50% of the share capital of the four corporations created by decree 718/24 is tendered, and that the remaining 50% of the capital were reserved for Neuquén and Río Negro.
As this media could know, this initiative would have the endorsement of the governors Rolando “Rolo” Figueroa and Alberto Weretilneckalthough they could promote other measures of similar content to seek the same objective. What’s more, It is not ruled out that before privatization the provinces present judicial protections.
Another order of the senators includes additional clarification to Decree 895, which establishes that the concessionaires that They acquire 50% must reinvest their profits in the maintenance of dams and the expansion of generation and transport infrastructure. But in addition, once the concession is finished, the heritage returns to the State.
Finally, legislators proposed that the dollar income that will enter the Central Bank derived from the sale of 50% to private companies “They cannot be used in any way to pay debt or interest for external debt.”
Decree 895 published last October 10 set a period of 180 days to call a national and international competition for the sale of the share package in the hands of the two state companies ENARSA and NASA. The clock already started running.
Source: Ambito
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