Review of renewable energy contracts likely


Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin said this did not mean that Malaysia would rely on China but it would look at the advantages from the collaboration.

 PETALING JAYA: Many renewable energy (RE) contracts may be up for review after the Energy, Green Technology, Science and Climate Change Ministry decided to cancel four independent power producer (IPP) contracts that had been awarded under the previous administration.

Minister Yeo Bee Yin said the ministry would review the contracts of another four IPPs to determine the viability and cost involved. One of the IPPs belong to a listed company, Bernama reported.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , IPPS , Yeo Bee Yin , renewable , energy , contracts , review , Malakoff ,

Next In Business News

7-Eleven Malaysia declares 1.35 sen interim dividend
Kawan Renergy secures RM70.37mil data centre generator contract
MN Holdings secures RM275.9mil data centre contract
Harn Len secures RM94mil financing from Affin Bank
FBM KLCI closes up, bucking regional weakness on solid 1Q26 GDP reading
Low inflation helps Malaysia weather energy supply shock, says BNM governor
India gold demand lacklustre as elevated prices curb festive buying
Oil falls on prospects for talks to end Iran war
Trump says Iran’s concessions pave way for deal to end war
China expected to keep benchmark lending rates steady after strong GDP data

Others Also Read