BRIEF-Tenaga Nasional Updates On Imbalance Cost Pass-Through For July-Dec 2019

Reuters

28 June 2019 at 8:27 am

June 28 (Reuters) - Tenaga Nasional Bhd:

* GOVERNMENT APPROVED VIA LETTER FROM SURUHANJAYA TENAGA CONTINUED IMPLEMENTATION OF IMBALANCE COST PASS-THROUGH MECHANISM FOR JULY TO DEC

* FOR JAN UNTIL JUNE, THE ADDITIONAL GENERATION COST OR IMBALANCE COST IS 1,592 MILLION RGT DUE TO HIGHER FUEL AND GENERATION COST

* REMAINING IMBALANCE COST TO BE PASSED-THROUGH VIA THE ICPT MECHANISM IS 1,148 MILLION RGT Source ( http://bit.ly/2YifhPK) Further company coverage:

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