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PETALING JAYA: The Integrity Pact, recommended by the Malaysian Anti-Corruption Commission (MACC), has gained increasing support from large corporations, which have pledged to ensure corrupt-free opera- tions in their respective work environments.
PUTRAJAYA: Independent power producers (IPP) Genting Sanyen Power and Segari Energy Ventures have been given 10-year extensions of their contracts, said Malaysian Energy Commission chairman Tan Sri Datuk Dr Ahmad Tajuddin Ali.
KUALA LUMPUR: The government will potentially save RM1.26bil in electricity tariffs following the cancellation of four independent power producers (IPP) projects in July, says Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.
KUALA LUMPUR: Rembau MP Khairy Jamaluddin has labelled the Selangor government hypocrite for raising the independent power producers (IPP) and toll issues while at the same time has interest in companies involved in both activities.
Selangor has been challenged to sell all its Independent Power Producers (IPP) shares under the Selangor State Development Corporation (PKNS) if it is serious about its call to reject IPP projects.b>Reports by MARTIN CARVALHO, YUEN MEIKENG and RAHIMY RAHIM/B>
PETALING JAYA: Former Finance Minister Tengku Razaleigh Hamzah claimed that subsidies given to power producers since 1997 amounted to over RM136bil.
KUALA LUMPUR: There is only a “small risk” in the investments made by the Employees Provident Fund (EPF) in 1Malaysia Development Berhad’s (1MDB) take-over of two independent power producers, says Deputy Finance Minister Datuk Ahmad Maslan.
Energy, Water and Communications Minister Datuk Seri Dr Lim Keng Yaik said the best thing to do to correct the imbalances and disparities of the Power Purchase Agreements (PPAs) of Independent Power Producers (IPPs) with Tenaga Nasional Bhd was to have them re-negotiated.
KOTA KINABALU: Disruptions in power supply in the state will continue for nearly two more months as the Sabah Electricity Sdn Bhd grapples with repairs and maintenance of its generator sets and those of Independent Power Producers.