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Business

Tenaga business ops, financial position unaffected by ICPT

KUALA LUMPUR: The government’s decision to implement the imbalance cost pass-through (ICPT) mechanism, which resulted in a rebate for most consumers from March to end-June, is neutral on Tenaga Nasional Bhd (TNB).

Nation

Consumers to benefit from changes

The Government has announced that electricity will cost between 3.5% and 5.8% less from March 1, with domestic consumers saving between RM13.50 and RM45 on their monthly bills.

Nation

PM hopes new power tariff can ease living cost

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak hopes the new electricity tariff announced Wednesday, which is consistent with the drop in fuel and generation costs, can ease the cost of living.

Nation

Power tariffs reduced from March 1

PUTRAJAYA: The power tariff for consumers in Peninsular Malaysia will be reduced by 2.25 sen/kWh from Mar 1 to June 30 this year.

Business

No immediate electricity tariff reduction

Declining oil prices doesn’t directly impact rates due to the fuel mix

Business

Downward revision in electricity tariffs

WHILE the Government had recently announced there would be no hike in electricity tariffs this year, consumers may see electricity tariffs revised downward in the second half of this year due lower coal prices and Tenaga Nasional Bhd’s (TNB) lesser reliance on gas power plants.

Business

Electricity tariffs stay despite falling oil as gas the major fuel: Energy Ministry

PUTRAJAYA: Declining oil prices do not directly impact current electricity tariffs because electricity generation in the country is mainly via piped natural gas which is already heavily subsidised, according to the Ministry of Energy, Green Technology and Water.

Business

Utilities kept ‘overweight’ on good earnings outlook

AGAINST a backdrop of volatile equity markets, AffinHwang Research maintained an “overweight” call on the utilities sector for its defensive qualities and good earnings visibility.

Analyst Reports

Affin Hwang Research maintains Overweight on utilities sector

KUALA LUMPUR: Affin Hwang Capital is maintaining an 'overweight' call on the utilities sector for its defensive qualities and good earnings visibility, against a backdrop of volatile equity markets.

Business

TNB unable to determine impact of lower energy prices yet

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is unable to determine the impact of lower energy prices and the weaker ringgit on the company and will not be adjusting tariffs yet.