Petra assures people's welfare will be considered in setting Peninsula electricity tariffs


KUALA LUMPUR: The Ministry of Energy Transition and Water Transformation (PETRA) assured that electricity tariffs in Peninsular Malaysia, including the new tariff schedule under the Incentive Based Regulation mechanism for the Regulatory Period 4 (RP4), will consider the well-being of the people.

Deputy Prime Minister Datuk Seri Fadillah Yusof, who is also Energy Transition and Water Transformation Minister, said any increase that can burden the rakyat is not allowed, in line with the instruction by Prime Minister Datuk Seri Anwar Ibrahim.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk
Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Nestle to explore sale of ice cream business

Others Also Read