Staff Reporter
Malaysia's energy commission commences bids for new power plant - AWER
Malaysia's energy commission commences bids for new power plant - AWER
The Energy Commission has moved to open up the bidding process for the replacement of first generation Power Purchase Agreement (PPA). This was revealed by Association of Water and Energy Research Malaysia (AWER) President S. Piarapakaran in a statement. He did not elaborate. While conglatulating the Energy Commission for the move which he described as bold, he called for a transparent and fair bidding process. "Opening up the bidding up to 49 percent foreign equity will allow Malaysia to have more industry players that can invest in better and efficient technology," he said. He also urged the Energy Commission to blacklist first generation independent power producers that did not renegotiate their PPAs from this bid.
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