Ex-Mida CEO: IPPs paid based on contractual price


KUALA LUMPUR: The independent power producers (IPPs) which are assisting Tenaga Nasional Bhd (TNB) in the production and generation of electricity are not a free service and are paid based on the contractual price.

“The IPPs also have their costs to bear,” said former Malaysian Investment Development Authority (Mida) director-general and chief executive officer Datuk Jalilah Baba to Bernama here.

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Business , ipps , datuk jalilah baba , tenaga

   

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