KUALA LUMPUR: Tenaga Nasional Bhd
(TNB) says it supports the provision of targeted subsidies to help maintain the country’s economic growth and to lighten cost pressures on low-income groups.
Chairman Datuk Abdul Razak Abdul Majid said that in late 2022, the government announced the implementation of a targeted electricity subsidy scheme for domestic users to continue enjoying tariff rebates on their electricity bills and did not increase the surcharge on tariffs for a select group of small businesses and industries.
He said the company would continue to support the government’s continuous effort to manage the tariff within the framework of the imbalance cost-pass through mechanism while balancing the need for affordable tariffs for the rakyat and economic growth. — Bernama
