TNB: ICPT to have no impact on 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 mechanism from July 1 to Dec 31, 2024.