The President of the National Assembly (AN), Jorge Rodríguez, announced that next Tuesday, November 10, the Parliament will approve the Organic Law on the National Electric System and Service, which will establish and regulate private sector participation in the sector.
“It is a very extensive law (…) so that the private sector can produce, market, and sell electricity under conditions that do not harm the people, the producers, or the industry,” he stated.
Furthermore, Rodríguez explained that the law specifies fair tariffs for services provided by private companies.
Likewise, he reported that a contract has been signed for the construction of a second electrical link, corresponding to the Cabudare (in the Palavecino municipality of Lara state) and Yaritagua (in the Peña municipality of Yaracuy state) stretch, which will allow to double the energy and boost industrial activity in the region.
Thus he detailed, this Friday, during a meeting with the productive and agro-industrial sector in the Urachiche municipality of Yaracuy state. He explained that the new connection consists of a cable and a distribution system designed to “resolve certain issues for this state, which is strategic due to its production capacity (…) so the people of Yaracuy may access nearly double the amount of electrical energy, which in turn will allow to accelerate industrial activity.”