$100m loss for EFL; Patel blames reduction in tariffs

Energy Fiji Limited CEO Hasmukh Patel. Picture: FT FILE

ENERGY Fiji Ltd has lost more than $100 million over the past six years because of a decrease in tariff introduced by Government in 2013. While speaking to members of the Nadi business community, EFL chief executive officer Hasmukh Patel said the tariff decrease had resulted in a loss of almost $60m annually. “On January […]

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