TNB announces 14% hike in base electricity tariff from 2025-2027

PETALING JAYA: Starting next July, the base electricity tariff in Peninsular Malaysia will be raised by 14.2% to 45.62 sen per kilowatt-hour (kWh), along with a new tariff schedule. The change will take place under the three-year Regulatory Period 4 (RP4) that will be effective from Jan 2025 to Dec 2027. Under the RP3 2022-2024, base...

TNB: ICPT mechanism to have to impact on business operations

KUALA LUMPUR: The implementation of the Imbalance Cost Pass-Through (ICPT) mechanism will be neutral, and not affect the company’s business operations and financial position, according to Tenaga Nasional Bhd (TNB). In a filing with Bursa Malaysia today, TNB said the Ministry of Energy Transition and Water Transformation's (PETRA) recent announcement follows the government's decision to continue the ICPT...