PUTRAJAYA, Dec 14 — The government has no plan to raise electricity tariff for domestic consumers to avoid burdening the people, said Prime Minister Datuk Seri Anwar Ibrahim.
He said the decision also involved small and medium industries (SMEs), agricultural companies and food producers even though it would give financial implications of almost RM30 billion a year to the country.
“If it is raised, it will only be for multinational companies as the current tariff is too low for them and such a subsidy should not be given to giant companies making huge profits.
“As for the people (domestic consumers), the government has no plan whatsoever to raise the electricity tariff,” he told a press conference after chairing the Cabinet meeting here today.
Anwar, however, said the increase in the tariff rate for the multinational companies will only be made in a gradual and reasonable manner to ensure that it would not affect their operations and projections.
He said the details about the decision will be announced by the Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad.
