CFE to Meet with BEL Reps in Cancun Over Energy Crisis

According to Prime Minister John Briceño, a meeting is scheduled for Saturday in Cancun. There, he, along with representatives from Belize Electricity Limited, will meet with the Mexican President and CFE representatives. PM Briceño further explained that an opportunity now exists for potential investors to supply the country with energy. Here is what he told us.

 

Prime Minister John Briceño

“We just set up the RFP process. The RFP process 2irh that in place, it has been accepted by the PUC and BEL and also by the MCC. The millinery challenge Cooperation, they are giving us a grant of a hundred and twenty-five million dollars and of that hundred and twenty five million dollars will be invested in energy in impr9ving the technology, the grid and a part of that is going to finance the battery bank that we are talking about. Now that RFP process has been approved by Cabinet. Now anybody that has a good business plan that can show they have access to the technology and funding they can put in their bid to show they can supply energy. But what has happened over the years, we have a lot of people that come and say I want to provide x amount of energy so give me a contract. You can go anywhere with a contract. The bank is going to lend you money because it is sure money. We don’t want people that are going to speculate. With the president what I can say at this moment we had a successful meeting and what he is doing now for Belize is he is going to be in Cancun on Saturday and the President of CFE is going to be there. Every two weeks he takes a firsthand look at the work Tren Maya. He will be arranging a meeting with me and BEL to see what we can do to cut out the black outs.”