KUALA LUMPUR: Just six months after the nation saw a tariff hike in electricity rates, consumers may see another rate rise.
But the agency given the mandate to restructure and reform the country’s power sector has proposed that the Government utilise some RM500mil in savings derived from the renegotiations of the power purchase agreements (PPAs) with independent power producers (IPPs) to mitigate the potential impact on the people.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!