News

IPPs owe RM144.12 mln in arrears to AAIBE till July 31

KUALA LUMPUR, Aug 18 -- The contribution arrears owed to the Electricity Supplies Industry Trust Account (AAIBE) by Independent Power Producers (IPPs) amounted to RM144.12 million until July 31, 2020, the Dewan Rakyat was told.

Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah said the AAIBE did not get any annual allocation from the federal government, instead it received contributions from IPPs involved in the power generation industry.

He said IPPs in Peninsular Malaysia contribute one per cent of their total annual income that has been audited after deducting the cost of fuel into this fund, while that of Sabah contribute three per cent.

The total annual contribution is between RM60 million and RM90 million, he said when responding to a question from Datuk Mohd Nizar Zakaria (BN-Parit).

Shamsul Anuar said these fund is channelled to carry out various programmes such as rural electricity supply, research and development (R&D) for the electricity supply industry, including for new energy sources and renewable energy, as well as to conduct training for the electricity sector.

"It is also used to promote the efficiency of electricity consumption, development and promotion of the electricity supply industry and impact management of electricity tariffs," he explained.

According to the trust deed, he said until 2018, a total of 27 rural electricity supply projects costing RM500 million, 42 industrial development and promotion projects, 18 energy efficiency promotion projects, 52 R&D projects, and 29 training projects costing RM1 billion have been carried out.

Shamsul Anuar said efforts were underway for the payment of arrears to this account.

However, he said the government understood the effect of COVID-19 on the IPPs and they were given the flexibility to make payments in installments and given a reminder from time to time.

Among the main causes of arrears include the acquisition of several IPPs and losses incurred, he added.

-- BERNAMA

    Other News

Solarvest Akan Pasang Panel Fotovoltaik Solar Terbesar Di Malaysia Di Pusat Beli Belah 1 Utama

KUALA LUMPUR, 15 April (Bernama) -- Bandar Utama City Centre Sdn Bhd melantik anak syarikat Solarvest Holdings Bhd, Solarvest Energy Sdn Bhd, untuk memasang panel fotovoltaik (PV) solar terbesar di Malaysia dan panel PV bersepadu-bangunan di pusat beli-belah 1 Utama.

Verdant Solar Sasar 2,600 Pemasangan Panel Pada Tahun Ini - Ceo

Oleh Siti Radziah Hamzah

KUALA LUMPUR, 11 April (Bernama) -- Penyedia penyelesaian tenaga solar, Verdant Solar Sdn Bhd menyasarkan untuk menggandakan bilangan pemasangan panel solarnya kepada 2,600 pada tahun ini berbanding 1,300 pada 2023.

Aidilfitri: Orang Ramai Dinasihat Utamakan Keselamatan Elektrik Dan Gas - St

PUTRAJAYA, 8 April 2024 (Bernama) -- Orang ramai dinasihatkan supaya mengutamakan keselamatan elektrik dan gas menjelang sambutan Aidilfitri tidak lama lagi.