ICPT rebate maintained


TNB told Bursa Malaysia that Pengerang Power would design, construct, own, operate and maintain a co-generation facility with a nominal capacity of 1,729MW in Pengerang, Johor.

PETALING JAYA: Tenaga Nasional Bhd (TNB) has announced that the Government is maintaining its imbalance cost pass-through (ICPT) rebate at 1.52 sen per kWh hour in spite of the rise in gas prices.

The ICPT mechanism allows the Government to increase or reduce electricity rates based on the underlying prices of coal, gas and crude oil.

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