News dalla rete ITA

12 Luglio 2018

Malaysia

MALAYSIA: GOVERNMENT TO CANCEL POWER PRODUCING PROJECTS

Science, Technology, Climate Change and Environment Minister Yeo Bee Yin announced that the government is set to cancel four new Independent Power Producer (IPP) projects that were approved by the previous government while another four were under review by the ministry. She said that the four IPPs, whose cancelation is expected to be ratified by the Cabinet next week, are "not needed" and will not incur the government any extra compensation cost. Resource: New Straits Times Link: https://www.nst.com.my/business/2018/07/389370/swiss-say-1mdb-probe-targeting-six-people-two-banks (ICE KUALA LUMPUR)