This money will make it possible to start up the institutional management and administration, which will be in charge of planning, directing and managing in an effective and efficient way the human, material and financial resources of the institution.

It will also establish, maintain and promote cooperative relations with government entities and other economic agents for the execution of projects that benefit the salvadoran population.

The Law for the creation of ENTE was approved on february 21, 2023, which established that it would be the owner of all the shares of Empresa Transmisora de El Salvador (ETESAL) held by Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL).

In addition, the planning of the Electric Power Transmission Network will be executed, which includes the construction of new extensions and reinforcements, as well as its maintenance.

The Treasury representative explained that the funds will be used for consumption or operational management expenses such as salaries, goods and services.

Another part will be used for financial expenses such as taxes, rates and duties, insurance, commissions and bank expenses; as well as capital expenses which include investments in fixed assets, personal property and intangible assets.

Translated by: A.M