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January 27, 2009

Malaysia may cut power tariff for industries
Malaysian industries may receive electricity tariff incentives from the government to reduce their burden and enable them to carry on operations in the midst of the global economic slump, reported state news agency Bernama.

The government, Tenaga Nasional (state power firm) and related parties are in active discussions on this matter.

"Studies are underway to determine how we can help them, including providing incentives to reduce their burden," said the president/chief executive officer of Tenaga Nasional, Datuk Seri Che Khalib Mohamad Noh.

For the domestic sector, Che Khalib said almost 60 percent of users in this category fell under a monthly user tariff of 200kw per hour, where there had been no increase in tariffs over the past 10 years.

"Sixty percent of the people in this country are not from the lower income group. According to statistics, only about 20 percent are and usage is in the range of RM40 monthly.

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