'1MDB's Edra sale may lead to higher power tariffs'

KiniTV 2015-11-18

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The public may have to pay more for electricity, if 1MDB subsidiary Edra Energy is sold to a China-Qatar conglomerate, warned Pandan MP Rafizi Ramli.

This is because electricity tariffs may be raised through a new power purchase agreement with the international firm, which is offering a high sum for Edra.

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