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Sevens Pacific Pte Limited acquires 44 percent of EFL shares

The Fiji Times » Fiji s foreign reserves at $3 1bn – RBF

The Fiji Times » Fiji s foreign reserves at $3 1bn – RBF
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The Fiji Times » EFL move queried; Chaudhry questions withdrawal of 52pc subsidy to low-income earners

Felix Chaudhary An EFL worker works on a power post. Picture: ELIKI NUKUTABU/FT FILE Energy Fiji Ltd chief executive officer Hasmukh Patel says he does not have to respond to a claim by Fiji Labour Party leader Mahendra Chaudhry that EFL has withdrawn its 52 per cent subsidy to low-income earners. In a statement issued recently, Mr Chaudhry said the subsidy had been initiated to assist the people in a situation of severe economic downturn following the COVID-19 pandemic. He called on EFL to explain its decision to withdraw the 52 per cent subsidy on the first 100 units of power per month for domestic customers.

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