Review power purchase pacts first, not raise electricity tariffs
CAP once again reiterates its call to the Government to review the power purchase agreements (PPAs) with the Independent Power Producers (IPPs) instead of raising electricity tariffs. The premise for the review of the PPAs is a simple one. IPPs have generated excess profits at the expense of the industry and Malaysian consumers, and they are now being asked to cut those excesses for the overall...
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