The Dominican State, represented by the National Energy Commission (CNE) and the company Ridge Partners Línea Noroeste, S.A., signed this Tuesday afternoon a definitive concession contract for the exploitation of works for the generation of Diesel Biofuel D-2 from renewable primary sources of urban solid waste.
President Luis Abinader, through special power of attorney number 72-21, dated October 29, authorized the Executive Director of the CNE, engineer Edward Veras, to sign the definitive concession with the company that will operate in the municipality of Laguna Salada, in the province of Valverde.
Mr. Veras highlighted the importance of the plant which will produce synthetic fuel and high quality organic fertilizer (biochar), while indicating that it is another example of the confidence generated by the government, due to the support it provides to the national energy sector.
The activity was held at the Julio Sauri Club, of the now defunct Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE) and was attended by authorities of the Ministry of Energy and Mines, as well as the rest of the institutions that make up the national electricity sector.
The president of Ridge Partners Línea Noroeste, S.A., Thomas Jay Kluber, thanked the government and explained that the company will use as a primary source of production the waste or urban solid waste of the area, which will have a capacity to produce up to 1,950,354 gallons of fuel per month (1,950,354), some 23,404,254 gallons per year.
The contract explains that the synthetic fuel has chemical characteristics similar to Diesel D-2. It also indicates that the CNE granted the company a provisional concession on March 19, 2019 for the analysis and studies for the Biofuel electric generation project.
In addition, on March 13, 2020, the company applied to the CNE for the definitive concession, and on April 22, 2021, through resolution number CNE-CD-0003-2021, it was recommended to the Executive Branch to grant the enabling title and the subscription of the definitive concession contract with the company Ridge Partners Línea Noroeste.
It is established that the definitive concession contract has a term of 25 years, effective as of the date of signature of the agreement between the parties.