• Govt wants to cut capacity costs, hold power producers accountable for ‘excess profiteering’ • ‘Unhappy’ companies blame heavy taxes for costly electricity tariffs • Independent generators say ‘forced’ renegotiations will damage investors’ confidence A NEW financial model proposed by the government to 18 independent power producers (IPPs) will significantly reduce their capacity payments and also recover “excess profits” made by these companies in the … Continue reading New payment model for IPPs without ‘profit bonanza’