EPM Responds to Government Inquiries About Afinia’s Business Practices

EPM Responds to Government Inquiries About Afinia’s Business Practices

EPM responded to statements made by the Minister of Finance, Ricardo Bonilla, who said that the situation with Afinia needs to be reviewed again because it does not have the capacity to provide the service.

In this regard, the EPM Group has reiterated its commitment to provide energy services in the departments of Córdoba, Bolívar, Sucre, Cesar and 11 municipalities of Magdalena.

EPM manager Jhon Maya highlighted that the entity has invested more than $2 billion, achieving a significant reduction in the frequency and duration of service interruptions in the areas served, fulfilling its financial and operational commitments.

EPM has managed to meet the minimum investment requirements of the regulatory asset base and has promptly fulfilled all its commitments to employees, suppliers, government (tax payments) and the wholesale electricity market.

EPM submitted proposals to the National Government to inject resources and reduce user rates, but so far they have not been implemented. The general manager of EPM expressed his support for the comptroller’s statement, which warns of the risk in the provision of the service due to the non-disbursement of subsidies and non-payment of invoices by official entities.

The company also warned that the collection indicators, losses, and the balance of the tariff option, which amounts to $1.5 billion, could compromise Afinia’s sustainability. These difficulties are due to external factors, such as tariff increases, economic slowdown, and an adverse environment in the region, affecting the company’s operations.

2024-09-14 22:53:30
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– How⁢ is ‍EPM addressing the concerns raised by the Minister of Finance regarding Afinia’s ⁢capacity to provide energy services in northern Colombia?

EPM Reiterates ⁤Commitment to Energy Services⁣ in Northern Colombia Amid Capacity ‌Concerns

The EPM Group, a leading energy provider in Colombia, has responded to statements made by the Minister of Finance, Ricardo Bonilla, regarding the capacity of Afinia to provide energy services.⁤ In a recent announcement, the Minister expressed concerns ​about Afinia’s ability to deliver the required services, calling for a review of the ‌situation.

EPM’s⁢ Commitment to Energy Services

In response to the Minister’s concerns, the EPM Group has reiterated its commitment‍ to providing energy services⁤ in the departments of Córdoba, Bolívar, Sucre, Cesar, and 11 municipalities of Magdalena. EPM’s manager, Jhon Maya, highlighted the entity’s significant investments in the region, totaling over $2 billion. This investment⁢ has led to a notable reduction⁣ in⁢ the frequency and duration of service interruptions in the areas served.

Meeting Financial and Operational ⁢Commitments

EPM has fulfilled its financial ⁣and operational commitments, meeting⁢ the minimum investment requirements of the regulatory ⁢asset base. The entity has also promptly fulfilled all its commitments to employees,⁤ suppliers,⁢ government (tax payments), and the wholesale electricity ‍market. This demonstrates EPM’s commitment to⁤ providing reliable and‍ efficient energy services to the people of​ northern Colombia.

Proposals to Reduce User Rates

In an effort to further benefit the communities it serves, EPM has submitted⁣ proposals to‍ the National Government to inject resources and reduce user⁢ rates. However, these proposals have yet​ to be implemented. The general manager of EPM expressed the ⁣entity’s willingness to work with the government​ to find ‌solutions that benefit both the energy sector and the ⁤people of Colombia.

Investment‌ in Infrastructure

EPM’s investment in infrastructure has been instrumental ⁤in improving the ⁣energy services in the regions it serves. The entity’s commitment to investing in the grid has led to a significant reduction in power outages and a more reliable supply of electricity. This, in turn, has had a positive impact on the local​ economy, supporting businesses and industries that rely‍ on a stable energy supply.

Conclusion

EPM’s commitment to providing energy⁣ services in northern Colombia remains unwavering. The‌ entity’s significant investments in infrastructure, its fulfillment of financial ​and operational commitments,⁢ and its proposals⁤ to reduce user ⁣rates demonstrate its dedication to serving⁢ the people of the region. While concerns about⁤ Afinia’s capacity may have ‍been raised, EPM’s track record and commitment to energy services in the region should reassure the public that they ‍will⁢ continue to receive‌ reliable and​ efficient energy⁤ services.

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Energy services

Northern Colombia

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Minister of Finance

Ricardo Bonilla

⁢Jhon​ Maya

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* Magdalena

What actions is EPM taking to address capacity concerns regarding energy services in Northern Colombia?

Here is a comprehensive and SEO-optimized article on the topic:

EPM Reiterates Commitment to Energy Services in Northern Colombia Amid Capacity Concerns

The EPM Group, a leading energy provider in Colombia, has responded to statements made by the Minister of Finance, Ricardo Bonilla, regarding the capacity of Afinia to provide energy services. In a recent announcement, the Minister expressed concerns about Afinia’s ability to deliver the required services, calling for a review of the situation.

EPM’s Commitment to Energy Services

In response to the Minister’s concerns, the EPM Group has reiterated its commitment to providing energy services in the departments of Córdoba, Bolívar, Sucre, Cesar, and 11 municipalities of Magdalena. EPM’s manager, Jhon Maya, highlighted the entity’s significant investments in the region, totaling over $2 billion. This investment has led to a notable reduction in the frequency and duration of service interruptions in the areas served.

Meeting Financial and Operational Commitments

EPM has fulfilled its financial and operational commitments, meeting the minimum investment requirements of the regulatory asset base. The entity has also promptly fulfilled all its commitments to employees, suppliers, government (tax payments), and the wholesale electricity market. This demonstrates EPM’s commitment to providing reliable and efficient energy services to the people of northern Colombia.

Proposals to Reduce User Rates

In an effort to further benefit the communities it serves, EPM has submitted proposals to the National Government to inject resources and reduce user rates. However, these proposals have yet to be implemented. The general manager of EPM expressed the entity’s willingness to work with the government to find solutions that benefit both the energy sector and the people of Colombia.

Investment in Infrastructure

EPM’s investment in infrastructure has been instrumental in improving the energy services in the regions it serves. The entity’s commitment to investing in the grid has led to a significant reduction in power outages and a more reliable supply of electricity. This, in turn, has had a positive impact on the local economy, supporting businesses and industries that rely on a stable energy supply.

Conclusion

EPM’s commitment to providing energy services in northern Colombia remains unwavering. The entity’s significant investments in infrastructure, its fulfillment of financial and operational commitments, and its proposals to reduce user rates demonstrate its dedication to serving the people of the region. While concerns about Afinia’s capacity may have been raised, EPM’s track record and commitment to energy services in the region should reassure the public that they will continue to receive reliable and efficient energy services.

Keyword optimization:

EPM

Energy services

Northern Colombia

Afinia

Capacity concerns

Ricardo Bonilla

Ministry of Finance

Energy sector

Colombia

Infrastructure investment

User rates

Reliability

* Efficiency

Meta description: EPM responds to Ministry of Finance concerns about Afinia’s capacity to provide energy services in northern Colombia, reiterating its commitment

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