The CEO of Fiji Electricity Authority was today asked by Opposition MP Sela Nanovo why the government is trying to sell its shares when the company’s performance has been good.
Nanovo raised this question in the Public Accounts Committee meeting.
The CEO of FEA Hasmukh Patel says with the selling of shares, they will be able to do a better job.
He says the whole purpose of this exercise is to make sure that the people of Fiji benefit and there can be a lot of technology skill transfer.
Meanwhile Patel also confirmed that around 15,000 people have qualified for the government subsidy on their electricity charges.
People will only be eligible for this subsidy if the combined household income is $30,000 or less and the monthly electricity consumption is 95 kilowatt hour units or less.
Patel has also clarified to those who have missed out on the subsidy that circumstances in families can change and they always can come back to FEA with their application.
He also spoke on why the government has brought an income threshold as previously people with higher income were also taking benefit from this subsidy.
Stay tuned for the latest news on our radio stations
