Government Communications Office

RM-G9 · Reforms

Power purchase agreements renegotiated, saving US$261.9 million

DeliveredChecked 13 Nov 2025Level 1 of 4: Reported by the ministry

Progress

Stage 3 of 3: Savings in effect

Nine independent power producers. Tariffs for two renewable plants cut from 18 to 6.5 US cents per kWh.

Two renewable tariffs cut from 18 to 6.5 US cents per kWh

  1. 2026 Budget Statement and Economic Policy, Ministry of Finance

    13 November 2025
    Source

  2. Review

    Stage 1 of 3

  3. Renegotiated

    Stage 2 of 3

  4. Savings in effect

    Stage 3 of 3

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