Wind industry urges greater policy ambition - reNews - Renewable Energy News renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.
LTWP, last week, said a reduction of its tariff was out of question as it would have huge implications on its financial health while affecting its ability to meet obligations to its lenders.
The Energy and Petroleum Regulatory Authority in January announced a new tariff, reducing power costs by 15 per cent and now appears to be pulling all stops to ensure this is not reversed.
Independent power producers (IPPs) revealed on Thursday they were yet to receive invitations for talks on cutting wholesale power prices and ultimately lower consumer bills.