KUALA LUMPUR: While the manufacturing industry anticipated a better Imbalance Cost Pass Through (ICPT) reduction, the relaxation of conditions for Self-Consumption for Solar Photovoltaic Installation (SelCo) programmes is a move in the right direction, says the Federation of Malaysian Manufacturers (FMM).
Its president Tan Sri Soh Thian Lai (pic) in a statement on Saturday (June 24) welcomed the announcement by Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad on the reduction of the ICPT surcharge.
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