INE review contracts signed by Blue Power and Natural Gas

The Nicaraguan Energy Institute (INE) determined to restart the analysis of contracts for energy purchase and sale, signed by companies and Blue Natural Gas Power & Energy,

In Resolution No. 0662-09-2010, issued by the Directorate General of Electricity, INE leads to petition for review filed by Gas Natural, after the regulator rejected a part of these contracts, citing lack of technical-economic analysis .

The INE specified in resolution to be performed adequate oversight of the distribution and billing of energy, which will serve both companies and that the energy served by Gas Natural should be seen as a public service which must be properly secured and controlled by the State.

David Castillo, President of the Board of INE, confirmed yesterday that both Gas Natural and Blue Power completed the missing information, relating to the project's economic reports and technical aspects.

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