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Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), which has the water supply concession for Selangor, is expected to obtain approval for an average tariff hike of 15% from Jan 1, having met a target in reducing non-revenue water (NRW) that is mainly lost through leakage.
The Malaysian Trade Union Congress Coalition Against Water Privatisation has the support of 10 residents associations (RA) from Petaling Jaya for its memorandum against the 15%hike in water tariff. RA leaders gave their support after a briefing on the memo.
Shares in companies in the water sector were actively traded on Bursa Malaysia on Tuesday, ahead of the tabling of the Water Services Industry Bill and the National Water Services Commission Bill in Parliament later this month.