HomeWorld RegionsAsiaBorneo's industrial consumers to enjoy cheaper power

Borneo’s industrial consumers to enjoy cheaper power

Industrial users operating in Borneo can expect cheaper electricity rates when the Bakun Dam enters operations. However, it has not yet been decided if domestic tariffs will fall.

Datuk Seri Peter Chin, Malaysia’s minister of Energy, Green Technology and Water, said tariffs for industrial users would definitely fall once Bakun started commercial operation, which is scheduled for August 6.

Chin said: “The electricity from Bakun is to be channelled for industrial use within the Sarawak Corridor of Energy (SCORE) belt. The power from Bakun will be used for those projects under SCORE.

“Since electricity generated from Bakun is cheaper compared to Peninsular Malaysia and Sabah, I presume electricity for the industries within SCORE will definitely be cheaper.

“However, it remains to be seen if this will mean lower tariffs for domestic electricity. It will be up to Sesco (Sarawak Electricity Supply Company) whether or not to lower domestic rates.”

For more Business news click here.

For more Hydropower news click here.