Monday, June 23, 2008

Khairy explains how to ease price hikes

Khairy explains how to ease price hikes

PARLIAMENT, June 23 — Rembau MP Khairy Jamaluddin broke his no-comment rule and held a press conference in the Parliament lobby in the afternoon to elaborate on his proposal to the government on how to ease the burden of price hikes on the people.

"Any tax goes straight to the federal government (right now). The government should find ways to...take the tax and pass it straight back to Tenaga," he said.

Currently, if the price of gas and coal go up, so do the tariffs on electricity. This, Khairy said, is built into the present power purchase agreements.

"What I didn't get to explain earlier...We should have a pooling system. Tenaga should buy from the cheapest supplier. The whole structure should change. The IPPs (independent power producers) should come forward as responsible corporate players," he added.

He refused to entertain other any other questions but confirmed that he was running for the Rembau Youth chief post and was up to face challenges for that position because "Umno is a democracy".

He added that he had not yet decided if he was going to run for the national Youth chief post.

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