1MDB: Any power tariff hike has no links to Edra sale


KUALA LUMPUR: Any increase in electricity tariff has no links with the sale of 1Malaysia Development Berhad’s (1MDB) entire power assets under Edra Global Energy Bhd to China Nuclear Power Corporation (CGN).

1MDB president and chief executive officer Arul Kanda Kandasamy said it should not be an issue as the new owner must adhere to the existing power purchase agreements (PPA).

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
News , bureaus

Next In Nation

Cops probing alleged assault of man in Banting
INTERACTIVE: Malaysians go on spending spree with credit cards in December
Bitcoin machines and fake guns bound for the bin
Ex-minister’s aide lodges report clarifying what transpired
Maya Karin likes sequel’s mermaid costume
Uphold rule of law, urges Anwar
AGC refutes claim ruling weakened�Malay Rulers’ authority
Pink tags on food items are for keeping festive prices in check
Teen avenges uncle’s death 18 years later
A tiny new spin on tradition

Others Also Read