Ministry to table financial implication of Sabah electricity supply regulation transfer

Climate Change will table the total financial implication to be faced by the federal government following the transfer of electricity supply regulatory power to the Sabah state government slated on Jan 1, 2024, said its Minister Nik Nazmi Nik Ahmad.

Nik Nazmi said the federal government must provide subsidy allocation to Sabah Electricity Sdn Bhd (SESB) for the agreed period covering tariff support subsidy, fuel subsidy and large-scale solar subsidy, subject to the Ministry of Finance's approval...