Tengku Razaleigh highlights the scandal of the independent power producers and how it has cost TNB, consumers and the nation dearly.
TNB has been bleeding red ink of late as a crippling gas shortage takes its toll. It is now time to review those lop-sided concession agreements with the independent power producers, especially the first-generation IPPs.
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May 282011
With an electricity tariff hike due to be announced on Monday, it might be useful to recall how the first generation of ‘independent power producers’ (IPPs) profited at TNB’s (and the Malaysian public’s) expense. Continue reading »
