News

EOI for partial divestment for FEA

April 20, 2015 7:01 pm

The Ministry of Public Enterprise is calling for Expressions of Interest from potential investors to participate in the partial divestment of government’s ownership in Fiji Electricity Authority.

The government’s objective is to secure long term partnership in FEA to ensure that the optimum value of FEA’s partial divestment is realized.

It also aims to meet the long term goal of energy sector development and enhanced private sector participation particularly in the renewable energy.

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The objective of the partnership is also to align the Fijian energy sector to international best practices and ensure best and affordable supply of electricity.

The investors will be selected based on financial capacity and proven track record and must have some experience in power generation and transmission.