News

Over RM197 mln in arrears to electricity supply trust account 



KUALA LUMPUR, Nov 7 -- The Energy, Science, Technology, Environment and Climate Change Ministry (MESTECC) has yet to receive  RM197.9 million in arrears into the  Electricity Supply Industries Trust Account (AAIBE) from the Independent Power Producers (IPPs) for the period 2008 to 2018.

Minister Yeo Bee Yin, said that for Sabah AAIBE, a total of RM50.7 million in arrears had yet to be cleared by IPP.

She said the ministry would ensure that no IPPs were spared from paying the outstanding contribution to AAIBE.

“To ensure that IPPs  meet licence requirements and contributed to the AAIBE and Sabah AAIBE funds, the ministry recently through the Energy Commission took action to ensure that contributions for the financial year ending 2018 could be collected before Dec 31 this year.

“For IPPs that are unable to make a ‘one-off’ payment, negotiations are underway to provide a payment plan in installments and to ensure that the existing arrears are cleared,” she said in response to a question by Chan Foong Hin (PH-Kota Kinabalu) at the Dewan Rakyat today. 

Yeo also informed that until now the ministry had successfully secured IPPs’ commitment to pay RM100.7 million to AAIBE and RM4.8 million to Sabah AAIBE in installments before Dec 31 next year.

-- BERNAMA

 





    Other News

TNB slapped with RM3.6 mln compound by Energy commission

KUALA LUMPUR, Jan 21 --  The Energy Commission (ST) said it issued 36 compounds totalling RM3.6 million against Tenaga Nasional Berhad (TNB) in December 2019.


First solar panel recycling facility in next 10 years - Yeo

GEORGE TOWN, Jan 20 -- The government is looking forward to a private company setting up a solar panel recycling centre in the next 10 years.


Green Technology Park in Pekan to kick-start operation in July

By Siti Salwa Shaari

PEKAN, Jan 19  -- Nextgreen Global Bhd (NGGB) expects its Green Technology Park (GTP) in Paloh Hinai here to kick-start its operation of producing wood-free paper by July. 


    Main Sponsor


    Quotes



© 2020 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy | Security Policy This material may not be published, broadcast,
rewritten or redistributed in any form except with the prior written permission of BERNAMA.

Best viewed in Firefox 58.0.1 (64-bit) & Chrome Version 63.0.3239.132 (Official Build) (64-bit) with 1920 x 1080 resolution

Contact us :
General [ +603-2693 9933, helpdesk@bernama.com ]
Product/Service Enquiries [ +603-2050 4466, portal@bernama.com ]