Malaysia studies new electricity tariff

• 14 years ago (2009-12-09)
• David Flin

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Peter Chin Fah Kui, the Malaysian Energy, Green Technology and Water Minister, said that the new electricity tariff increase application made by Tenaga Nasional Bhd, the main Malaysian energy provider, was being studied. The result would be submitted to the Malaysian cabinet to seek approval, he added.

Chin said that the electricity tariff was being reviewed every six months due to the fuel price adjustment, but whether or not there would be a new tariff depended on the decision of the cabinet. Earlier, Malaysian Second Finance Minister Ahmad Husni Hanadziah said the Malaysian government was striving to review utility costs in the country in order to bring down the cost of doing business.

Chin said that it was normal for the company to ask for an increase in tariff as power generation costs were escalating. However, he stressed that the Malaysian cabinet would look at the economic condition before giving a green light to the tariff rise.