Federal Govt allocates RM161.7mil to support Sabah Electricity's ICPT expenses

KOTA KINABALU: Sabah Electricity has received a subsidy payment of RM161.7 million to cover the Imbalanced Cost Pass-Through (ICPT) for this year, says its chairman Datuk Seri Wilfred Madius Tangau (pic).

He said the payment was received from the Federal Government on Monday (Dec 23) to reimburse Sabah Electricity for the funds spent to cover the ICPT costs.