Tenaga the national electricity generation and distribution company has announced that the reserve margin in the country has reached a whopping 66% meaning that more that although Tenaga is currently generating enough electricity for the nation, it is forced to pay the IPPs (Independent Power Producers) for electricy they do not need and do not use. This is all because of the extremely lopsided agreement Tenaga was forced to sign by Dr. Mahathir with the IPPs.
This arrangement profits only the independent power producers, waste Tenaga's resources and impoverishes the rakyat (public) because Tenaga then is forced to charge to the public for the electricity they used at a price higher than it would otherwise if not not the IPPs.
All this is because of the rent seeking culture of the corrupt and power abousing ruling UMNO/BN (United Malay National Organization/Barisan Nasional) government. I hope everyone will go all out to ensure that they lose the coming Hulu Selangor by-election and subsequently the thirteen Malaysia General Election to pave the way for the establishment of a two coalition/party system for better check and balance.
No comments:
Post a Comment