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PETALING JAYA: Former Finance Minister Tengku Razaleigh Hamzah claimed that subsidies given to power producers since 1997 amounted to over RM136bil.
THE Government has defended the awarding of a multi-billion ringgit power plant project to 1Malaysia Development Bhd (1MDB), saying that it was done via competitive bidding.
KUALA LUMPUR: The Government has defended the awarding of a power plant project to 1Malaysia Development Bhd (1MDB), stating that it was done via competitive bidding.
PRODUCING energy from renewable sources generally costs more than from petroleum, gas and coal because the fossil fuels are highly subsidised. Which is why clean power producers under the Feed-in Tariff scheme get paid rates that are higher than normal electricity tariffs.
It is not uncommon for people to hear complaints about the hot weather these days.
PUTRAJAYA: MIC Youth wants the government to review the contracts with highway concessionaires and Independent Power Producers (IPPs) to keep toll rates and electricity tariffs stable.