Companies allegedly owned by a daughter of a recently late arch cabinet member to a supervision are not a usually ones which secured multiple quotas for a fledgling solar energy feed-in price tag (FiT) scheme.
"Other companies... have also been equally successful" in securing multiple quotas, Sustainable Energy Development Authority (Seda) pronounced in a matter today, but it did not yield details.
"This is possible as prolonged as a person submitting application complies with a application process as well as a support required.
"The time difference between a little of a submissions is usually a millisecond as well as a solar PV share allocated for non-individuals was tired within dual hours after Seda launched a e-FIT," it said.
In a extensive press matter late this evening, Seda combined which no extent had been set for any investor as Seda longed for to encourage in isolation investment in a new industry.
Improvements were ceaselessly being done to a seven-month-old system, with stairs "also being taken to minimise a possibility of monopolisation of renewable energy share available for application".
T he system is also completely automated as well as does not involved humans, as per tender processes.
Seda also pronounced which it places no smallest order for knowledge or paid-up collateral as FiT is a very new industry.
"If a Feed-in Approval (FiA) is usually postulated to companies with extensive knowledge in solar power, this would have resulted in a marketplace dominated by foreign companies, as well as to illustrate extent a capability of a local players to grow."
It combined which companies which apply have no way of knowing either they would succeed, so it would be astray to de! sign the m to have huge investments beforehand.
"Most of a companies which participate in a FiT programme shaped a special purpose car as well as a little with RM2 paid-up collateral because there is no guarantee they will get a quota," it said, on condition which examples of share applicants.
Companies need to meet requirements
It pronounced which usually after a share was postulated would Seda monitor their progress as well as ensure which a companies meet "requirements... as well as assorted milestones by sure dates" prior to a comm! encement of a FiT.
"For example, to beget electricity as well as sell to a placement licensee, a association contingency be protected by Suruhanjaya Tenaga, where to acquire a era licence, a successful person submitting application contingency have a smallest RM200,000 in paid-up collateral or dual percent of a project cost, whichever higher," it said.
It pronounced failure to meet any order or miracle would result in a revocation of a FiA."Seda regrets a accusations as well as allegations by (Lembah Pantai MP) Nurul Izzah Anwar as well as (Petaling Jaya Utara MP) Tony Pua as well as is of a perspective which such allegations are obviously unwarranted as well as unjustified."
Nurul Izzah as well as Pua had questioned how companies related to Sun Energy Ventures Sdn Bhd, pronounced to be owned by Suzi Suliana Sidek, who is a daughter of former arch cabinet member Sidek Hassan, secured a "lion's share" of a quotas.
Suzi Suliana is alleged to be in carry out of twelve companies which in spin carry out 32.4 percent of 45.9 megawatt (MW) of ! a quot a set for a solar ene! rgy unde r a scheme, above a extent of 1MW to 5MW for any company.
Seda has pronounced which it is mulling legal movement opposite Pua. Read More @ Source
More Barisan Nasional (BN) | Pakatan Rakyat (PR) | Sociopolitics Plus |
Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
No comments:
Post a Comment