Loke said the agreed terms will be submitted to the Cabinet for consideration and approval before the Concession Agreement is signed, and that the E-ART project is expected to be completed within four years from the issuance of the Letter of Acceptance
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
