Search
You have searched for "Windfall tax"
Showing 171-180 of 209
Govt needs a re-look at windfall levy for IPPs
IT is difficult at this stage to ascertain which option would be better for independent power producers (IPPs) - paying the windfall tax or renegotiating power purchase agreements (PPAs).
Tax will reduce IPPs’ cash reserves
The 30% windfall tax on independent power producers (IPPs), effective July 1, will result in lower cash reserves following the obligations of servicing senior debt and meeting the requirements of reserve accounts.
Windfall tax seen hitting fund raising
The recent 30% windfall tax that was imposed on independent power producers (IPPs) should be reviewed because of the wider implications it will have on capital markets.
400,000 smallholders to benefit from levy exemption
Plantation Industries and Commodities Minister Datuk Peter Chin welcomed the news that oil palm smallholders with plantations of 40ha and below would be exempted from paying windfall profit levy, saying an estimated 400,000 smallholders throughout the country would benefit from the exemption.
Industries get 70% discount on gas (updated)
Industries will enjoy a 70% discount on the market price of gas beginning July 1. The discount will be gradually reduced over 11 years by 5% to 10% until it reaches market price.
CIMB chief urges review of IPP windfall tax
CIMB group chief executive Datuk Seri Nazir Razak has urged the Government to review the 30% windfall tax that has been imposed on the independent power producers (IPPs) because of the wider impact the tax will have on the capital markets in the country.
Windfall tax will reduce IPP’s cash flow
Affected independent power producers (IPP) will face reduced project returns and lowered debt servicing ability if the Windfall Profit Levy (Electricity) Order 2008 is implemented, says Malaysian Rating Corp Bhd (MARC).
Renewed talks with IPPs
The Government is expected to take a carrot-or-stick approach to re-negotiate with independent power producers (IPPs) on their power purchase terms.
IPPs’ RM20b bonds may be downgraded with windfall tax
The independent power producers (IPPs) face a possible downgrade of their bonds with the Windfall Profit Levy (Electricity) Order 2008, which came into effect on July 1.
