Thursday, June 5, 2008

TNB: Power rates to be linked to fuel prices

Source: http://www.malaysiakini.com/news/83982

National power supplier Tenaga Nasional Berhad (TNB) said electricity tariffs will be linked to fuel prices and it will be reviewed whenever the government does the same for gas prices.
Tariffs hike effective July 1
TNB to hold talks with IPPs

My 2 cents worth: See what I mean by fuel price is the root of all commodities prices. TNB is the first to announce their price increase right immediately after the government announced the hike in fuel price. This will be follow by many. Let's open our eyes wide wide and see.

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