30,550 users from Guayaquil have been enrolled in the Efficient Cooking program

Until yesterday, the National Electricity Corporation (CNEL for its Spanish acronym) of Guayaquil recorded 30,550 approved applications for the Efficient Cooking program in Guayaquil, announced Luis Aguirre Sánchez, Commercial Director of the entity. The program aims to replace...

Local industry would be able to manufacture kitchens for beneficiaries of the bond

The local industry announced it would be able to meet the demand of 500,000 induction cookers the Government will require for the beneficiaries of the Human Development bond, said Diego Malo, Director of Fibroacero, company that along with Induglob and Mabe are part of the...

Law on Production Incentives frees induction cookers from VAT

Since this December 29, the Organic Law of Production Incentives and Tax Fraud Prevention was promulgated in the Official Gazette, after six days it was approved in second debate by the National Assembly. With this, induction cookers will not be taxed with the value added tax...

Government will allocate $ 150 million to acquire 500,000 induction cookers

The Government would allocate some $ 150 million to acquire 500,000 induction cookers, that will be delivered between April and May 2015 to beneficiaries of the Human Development Bond (BDH for its Spanish acronym), in exchange for gas stoves, said the Minister of Industry Ramiro...

The CAF delivers credit of $ 200 million to Ecuador for power sector

In order to strengthen the electricity transmission networks in Ecuador, the Finance Minister Fausto Herrera signed a loan agreement with the Andean Development Corporation (CAF) for $ 200 million. The Ministry of Finance reported that this project, which will be implemented by...

24,000 induction cookers are on the market for sale

Since August 2014, when the induction cookers program to change gas cookers came into force, about 24,000 have been produced and sold 8,000 artifacts have been produced in the country, reported on October 25 the Minister of Industries, Ramiro González. To this the...

Government defines the payment for induction cookers manufacturers

On last Tuesday morning, officials of the Ministry of Electricity, Ministry of Industries and manufacturers of induction cookers met in the Electric Company Quito to define the payment system and marketing of artifacts. According to government plans, those applying to the program...

Electricity subsidy for 100,000 users in August

Last Friday, the Minister of Electricity, Esteban Albornoz, announced that about 100,000 users across the country could benefit from the subsidy to the first 80 kilowatts per hour of energy, this August. This subsidy corresponding to between USD 6 and USD 8 in the electricity...