Nicaraguan parliamentarians approve reform to the electricity industrial law to guarantee legal security for investors

This National Assembly release was published using machine translation.

A reform and additions to the Electricity Industry Law was approved today by the National Assembly, which will help regulate, strengthen and diversify the activities of the national electricity sector, generating a climate of trust, security and legal certainty for investors.

Deputy Jenny Martínez, president of the Infrastructure and Public Services Commission, said that this reform includes defined concepts, which were not in the law, such as export and import, thereby creating the necessary legal conditions to be able to export. electric power to the regional market.

Nicaragua has participated in the regional electricity market since the signing of the Treaty, said deputy Martínez, after noting that with the approval of this reform, business investors will enjoy legal security to commercialize, such as the Gas Natural company that is going to come into operation. soon and will generate more than 300 mega that will be able to export energy to the regional market.

Deputy Martínez stated that the natural gas plant is interconnected to the substation in Puerto Sandino, with which the country will be able to export energy.