The Energy Commission has completed the renegotiations for the first-generation Independent Power Producers (IPP), comprising five PPAs. The outcomes are:
1) Tenaga has been offered to build, own and operate a new power plant in Prai;
2) two IPPs (Genting Sanyen Power, Segari Energy Ventures) will be granted a 10-year PPA extension;
3) three IPPs (YTL Power, Powertek Berhad, Port Dickson Power) will be discontinued upon expiry of their PPAs; and
4) Tenaga’s Pasir Gudang plant will extend its services for another five years. At first glance, the terms and revised tariffs appear reasonable.
Sweetheart deals are over. The key takeaway of this development is that the renewed deals were done on a commercial basis at competitive rates. We estimate project IRRs to be in mid-single digits, a vast improvement from the mid-teen IRRs enjoyed by the first-generation IPPs. Furthermore, PPAs of obsolete non-viable power plants were not renewed and will be allowed to lapse upon maturity.
5 comments:
Boooooooo tak habis2 nama mahathir...orang dah tak suka pergi berambos la jibby...
Masalah bila tak paham isu .. kenapa ramai yang nak najib letak jawatan. Ke sengaja buat buat tak paham ?. atau mmg dibayar untuk sengaja buat buat tak paham ?.
ye ke..bukan saja tariff elektrik lebih murah di zaman mahathir malah harga rumah,kos sara hidup juga rendah dr zaman mahathir..sebab tu la mng 2/3 tiap2 pru..tahniah jibby
ye ke..bukan saja tariff elektrik lebih murah di zaman mahathir malah harga rumah,kos sara hidup juga rendah dr zaman mahathir..sebab tu la mng 2/3 tiap2 pru..tahniah jibby
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