Latest ICPT implementation neutral on TNB


Easing coal prices and the ability to draw down on a RM6bil government-guaranteed loan for working capital will leave TNB in a stronger cash-flow position for 2023.

KUALA LUMPUR: Tenaga Nasional Bhd views the latest implementation of the Imbalance Cost Pass-Through (ICPT) mechanism between July 1 and Dec 31, 2023 as neutral to the group.

The execution will also not have any effect on its business operations and financial position, the utility giant said in a filing to Bursa Malaysia today.

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TNB , ICPT , Financial , Nik Nazmi Nik Ahmad , Voltage

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