No impact on TNB from ICPT exercise


KUALA LUMPUR: Tenaga Nasional Bhd (TNB) expects the continued implementation of the imbalance cost pass-through (ICPT) mechanism to have a neutral impact on its business operations and financial position.

In a filing with Bursa Malaysia, TNB confirmed that the ICPT implementation will not affect its operations or financial standing.

The company remains focused on maintaining service levels and ensuring a reliable, continuous supply of electricity to customers.

The government announced on Dec 20 that electricity tariffs for all users in Peninsular Malaysia will remain unchanged under the ICPT mechanism from Jan 1 to June 30, 2025.

ICPT allows TNB to adjust electricity tariffs based on fluctuations in fuel and other generation-related costs, with the government reviewing tariffs every six months.

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