More electricity rate ‘shocks’ on horizon, ANZ warns


Where’s the portable nuclear reactor we were promised? Heck, have they selected the location of Malaysia’s first nuclear plant yet? I guess Bukit Merah, or next to Lynas.

Dateline 2014-02-03, The Malay Mail:

Malaysians consumers and firms still adjusting to the recent electricity tariff increase have been warned to expect more to come, with analysts at one of Australia’s biggest banks predicting ASEAN countries will hike power rates this year.

Pointing to steadily increasing prices for liquefied petroleum gas, the primary fuel source for power generation in Malaysia and many other ASEAN states, analysts at ANZ forecast that governments in the region will be under pressure to hike electricity rates further.

 

 

One Response to More electricity rate ‘shocks’ on horizon, ANZ warns

  1. find a new way for electrical engineering

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