Sabesp concession will be different from Enel

2023-11-08 20:24:34

The blackout that has been occurring in São Paulo since Friday (3), has directed attention not only to Enel, the concessionaire that manages the supply of electricity in the capital of São Paulo, but also to the State government’s plans to grant Sabesp to private initiative. On social media, doubts have arisen from residents of the State regarding whether privatization might result in worsening or making the water supply service more expensive.

O text of the privatization proposal provides, in summary: a) the anticipation of achieving the universalization goals established in the New Sanitation Legal Framework for 2029, safeguarding any shorter deadlines foreseen contractually; b) the extension of the duration of the concession contract to 2060; c) the obligation to serve, by Sabesp, the population residing in consolidated informal urban centers and rural areas, in order to cover the entire municipal territory and d) details of the investments to be made in each municipality.

According to governor Tarcísio de Freitas, the government will continue to manage Sabesp even following an eventual concession to the private sector. “The State will continue to be one of the main shareholders, perhaps the largest shareholder of Sabesp. We will continue with the company,” he stated.

The idea, according to him, is to ensure that established obligations are carried out and not lose the ability to communicate.

According to the State of São Paulo, the Court suspended the public hearing that would be held this Monday (6), at the Legislative Assembly of São Paulo (Alesp), on the bill authorizing the privatization of Sabesp. A new date must be set.

Economist Felipe Bernardi Capistrano Diniz reiterates “the importance of privatizing the company for municipalities so that the investment goals and universalization of services set out in the framework are achieved”.

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#Sabesp #concession #Enel

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