Oversupply of energy?

Power to the sun: The Energy, Green Technology and Water Ministry wants to develop more large solar power plants this year.

JUDGING by the number of power plant and renewable energy (RE) projects that have been awarded in the last six months, it could be only a matter of time before the country is saddled with too much power-generation capacity.

Making matters worse is the slew of independent power producer (IPP) licences that have been given out on a non-competitive or direct-negotiation basis, prompting many unsolicited bids.