FEA to roll out projects with increased tariffs
This is expected to result in lower reliance on diesel fuel within the next few years when the projects are completed and hopefully a review in the rates.
Although FEA's Chief Executive Officer, Hasmukh Patel confirmed that the Commerce Commission did not grant them the increase they wanted, he said they are satisfied that they will eventually get full tariff increases by April next year.
Patel also said the government subsidy given to FEA will be about $3.5 million however he said the Authority is now losing out after the stopping of the duty concession on fuel for FEA.
Story by: Vijay Narayan
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