Its chairman Tan Sri Leo Moggie said the review in electricity tariffs “is likely to happen” sooner or later as it is difficult to sustain subsidies at present levels. However, any decision for a review would be decided by the Government and not TNB.
Recent reports quoted Deputy Energy, Green Technology and Water Minister Datuk Seri Mahdzir Khalid as saying that the fuel cost pass-through mechanism would be implemented by the Government through TNB in 2014.
On another matter, reserve margins are expected to eventually drop to 20% by 2015 from 30% presently (July 2013) as electricity demand is expected to grow moving forward.
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