Point of no return?

THE new chairman of the Energy Commission (EC) Datuk Abdul Razak Abdul Majid is probably in a tight spot.

Before taking on the top post in the EC, he was heading MyPower Corp Bhd, the entity under the Energy, Green Technology and Water Ministry given the mandate to reform the electricity sector. One of the key initiatives of MyPower is to see through a process that will allow for competitive bidding in the awards of building power plants so that the cheapest cost of energy is delivered to the consumer.