After signing a US$150 million deal with the Chinese Development Bank last night, the Fiji Electricity will now look at ways to increase their revenue in order to help pay the loan.
Chief Executive of the Authority Hasmukh Patel said after the Commerce Commission took away the fuel surcharge on their customer’s bills, they are keeping a close eye on the international global situation and will approach the Commission to put the surcharge back in place.
The deal will see the start of the construction of the new Nadarivatu Hydro Dam which is expected to start operation by mid 2011.
FEA looks at ways to increase revenue
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