Transport Minister Anthony Loke Siew Fook has proposed for public transport operators in the country to be given a special electricity tariff, whether they’re public or private companies. This is meant to ease the operators’ financial burden and encourage growth.
According to Bernama, Loke said the Transport Ministry is proposing the special tariff as public transport operators are currently being charged the same as businesses, which makes it financially challenging for the sector. He elaborated that KTMB’s electricity costs amount to 35% of its operating expenses, while the MRT, LRT and Prasarana spend 30 to 35% of their operating expenses on electricity charges due to the current system.
Loke stressed that the current charges are costly, and the proposed special tariff could significantly alleviate the operators' financial strain. Hence, one of the key issues his Ministry is addressing is for a special electricity rate for public transport.
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