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Tuesday 28  August 2007

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Nicaragua asks Taiwan for US$400 million in investment
Fenosa to increase power rationing in Nicaragua after deficit increase
1,800 Colombians flee to Ecuador amid violence at home
Criticism to Peru President Continues
Brazilian Supreme Court to prosecute 12 politicians in bribery scandal


Fenosa to increase power rationing in Nicaragua after deficit increase
Union Fenosa SA will increase power rationing in Nicaragua from the current four hours to five hours a day, due to generation problems and maintenance issues at various plants in the country.

The decision to increase power rationing comes after the power deficit rose from 80 to 100 megawatts on Monday and is backed by the Nicaraguan government.

Electricity rationing will be raised by one hour until Fenosa's power plants re-establish capacity, a spokesman from the company said.

Union Fenosa and the Nicargauan government resolved a disagreement at the beginning of July after the Spanish utility faced potential suspension of its concessions in the Central American country for not fulfilling contractual obligations after severe power shortages hit the country in April.
 


 

 

 

 
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