Tenaga Nasional outlook hit by higher electricity costs, says TA Securities
TA Securities analyst Hafriz Hezry says Tenaga Nasional is expected to bear additional RM120m–RM150m in electricity costs from September to December due to a higher government threshold for fuel surcharges and other electricity-related charges.
Tenaga Nasional is expected to incur an additional 120 million ringgit-150 million ringgit in electricity costs from September to December, TA Securities analyst Hafriz Hezry said in a note. The costs follow the government's decision to raise the threshold for fuel surcharges and other electricity charges.