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Day: June 3, 2011

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Takeover the IPPs, not renegotiate

CAP is concerned that the government is already renegotiating with independent power producers (IPPs) whose contracts will be expiring soon. Why are contract negotiations being carried out with IPPs  which have been a drain on the resources of Tenaga Nasional Berhad (TNB) and a burden to the consumers? Why not let TNB take over the IPPs? This is not a radical suggestion considering that in 1982...
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