New power surcharge hitting manufacturers hard


PETALING JAYA: Manufacturers in the medium and high voltage (MV and HV) categories have recorded an increase of between 35% and 43% in their January electricity bills following the implementation of a surcharge for industries in that category, says Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai.

Given the diverse consumption, load profiles and nature of businesses among these industries, he said the cost hike for energy-intensive industries could range from 1% to more than 10%.

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