TNB supports targeted subsidies

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.