Provides a solid Asia Special Situations Porfolio, Stock Market News, Stock Gurus News, Business Analysis and some fun here.
Thursday, December 3, 2009
Malaysia: Electricity tariif may be cut by 6 sen per kwh
The Energy, Green Technology and Water Minister Datuk Peter Chin said yesterday that the Government will trim electricity tariffs by 6 sen per kwh from 38 sen currently to 32 sen once the Bakun Hydro Electric Project begins operation. Nonetheless, he added that the Government expects the water consolidation plan in each state, including Selangor, will be done by March next year. (Sin Chew Jit Poh)