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FEA records $122.6m fuel cost for 2013

Friday, August 22, 2014

Update: 11:39AM THE Fiji Electricity Authority (FEA) recorded a fuel cost of $122.6million last year compared to $105.1m for 2012.

FEA chairman Nizam-ud-Dean says the fuel cost for 2013 is equivalent to 41 per cent of the total revenue for 2013.

He said the 5 per cent tariff bands further reduced the revenue for the entire year by around $16m.

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