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).

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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