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IN BRIEF: Bolivia to increase watchdog's powers

Bnamericas
IN BRIEF: Bolivia to increase watchdog's powers

Bolivia's lower house approved a bill to increase the powers of the electricity regulator to guarantee power supply.

Lawmakers greenlighted modifications to the power framework law to allow the termination of a utility's license if there is a supply risk that would impact the "fundamental right to universal electricity service."

The bill also establishes the procedures for taking over service from an operator until a new tender is launched, as well appeal and compensation processes.

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  • Company: Empresa Eléctrica Valle Hermoso S.A.  (EVH)
  • Bolivian firm Ende Valle Hermoso (EVH), a subsidiary of state power company Ende, generates power and supplies the national SIN grid. It directly operates and manages three ther...
  • Company: TADE S.R.L.
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: Consorcio San José TECNOTAD
  • Consorcio San José TECNOTAD is a company formed by Empresa Tecnovía Madeira Sociedade de Empreitadas SA Sucursal Bolivia (98%) and TADE SRL (2%) for the execution of the Undergr...