The Kid syndrome in power pricing

The Cabinet Committee on Economic Affairs (CCEA) has recently allowed the pass-through of the cost of imported coal. A jubilant representative of the Association of Power Producers, an influential private power developers' club, announced, "We are very happy. Our two years of hard work has finally paid off." Given the lobbying it did. it was indeed a lot of "hard work" that yielded undue dividends to them at the cost of the public.

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