The federal government is still studying a proposal to passing the rising cost of fuel prices to consumers, thus there is no plans to hike up electricity tariffs for now.
Energy, Green Technology and Water Minister Maximus Ongkili (right) said the government still need to determine some key issues behind the Fuel Cost Pass Through (FCPT) mechanism before implementing it.
“We have not made the decision yet to increase the tariff, or to let go, pass through and who should absolve the fuel cost,” he told a press conference in Kuala Lumpur today.
On Monday, his deputy Mahdzir Khalid was reported as saying that Tenaga Nasional Berhad (TNB) will implement the FCPT mechanism next year as a process to determine electricity tariff more efficiently for the consumers.
Asked to comment on this, Maximus said : “Its a question that government yet to decide... I think he has corrected the statement.
“And the issue of whether we want to pass it to the consumers, and how much and when, its the decision of cabinet which has yet to (undertake).”
Energy, Green Technology and Water Minister Maximus Ongkili (right) said the government still need to determine some key issues behind the Fuel Cost Pass Through (FCPT) mechanism before implementing it.“We have not made the decision yet to increase the tariff, or to let go, pass through and who should absolve the fuel cost,” he told a press conference in Kuala Lumpur today.
On Monday, his deputy Mahdzir Khalid was reported as saying that Tenaga Nasional Berhad (TNB) will implement the FCPT mechanism next year as a process to determine electricity tariff more efficiently for the consumers.
Asked to comment on this, Maximus said : “Its a question that government yet to decide... I think he has corrected the statement.
“And the issue of whether we want to pass it to the consumers, and how much and when, its the decision of cabinet which has yet to (undertake).”
[More to follow]
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