#energy

UPDATED 2.41PM Peter Chin says no hanky panky was involved in award of a large chunk of quotas to Mohd Sidek Hassan's son-in-law.

UPDATED 3.25PM PKR veep Chua Jui Meng alleges the project will gobble up massive acres to enrich Ghani Othman's cronies.

COMMENT Awer urges the government to consider the following recommendations to perhaps save billions of ringgit from being wasted.

PARLIAMENT UPDATED 6.40PM No fieldwork done yet for two plants planned under the government’s economic programme.

Rise in energy consumption and fuel prices are forcing the govt’s hands, says Peter Chin, who says they are considering a nuclear power plant.

‘This is for the cabinet to decide - and the cabinet has not made any decision on that matter yet,’ says Energy Minister Peter Chin.

UPDATED 4.30PM ‘The deal resulted in Ananda Krishnan and Genting Bhd profiting by RM1.9 billion,’ says PKR's Nik Nazmi Nik Ahmad.

UPDATED 5.35PM This is because the power firm is stalling its work by insisting on raising high tension cables over Kampung Sungai Terentang, it says.

A nonsensical explanation for its actions. 

UPDATED 12.15PM Sustainable Energy Development Authority's admission of abuses in its FiT application process demands an investigation, says NGO.

Taiwanese activists say the huge refinery and petrochemical project in Johor can seriously impact the health of the people and environment.

UPDATED 5PM An applicant's bank account should show credit balance of 20% of project cost - which Seda could not rebut.

UPDATED 3.55PM Worse, the body ‘has no legal basis’ to disqualify any of the 12 firms given the bulk of the solar energy quota.

Denying that it has broken the law, the Sustainable Energy Development Authority clarifies issues raised by DAP’s Tony Pua.

'The fact that she set up separate companies to progress this is a business model and it is her prerogative to do this.'

UPDATED 2.30PM Pua estimates that the 12 firms can generate RM70 million from the FiT solar power scheme. [VIDEO INSIDE]

Criticism of the RM2.2 billion project is pure politicising, as getting DOE approval for projects in Pakatan states is very difficult, says Penang CM.

Malaysia’s national power utility, Tenaga Nasional , has issued a tender seeking 100,000 tonnes of November-delivery fuel oil after buying similar volumes for this month, traders said today.

State-owned power producer Tenaga Nasional is contemplating raising funds from the bond market soon.

Net profit surged nearly 50 percent in the latest quarter on higher oil prices but warned the weak global economy could hit full-year profits.

UPDATED 2.45PM Gov't buildings will be required to set their cooling systems not too low in a bid to slash energy cost.

The cabinet has not endorsed any suggestion of an additional one percent levy to help fund solar energy although there was one made for it, Energy, Green Technology and Water Minister Peter Chin Fah Kui said today.

The Energy, Green Technology and Water Ministry plans to enact an energy efficient (EE) law soon to push for EE in a big way, Minister Peter Chin Fah Kui said tonight.