Malaysia recovers economy with solar power projects
The Malaysian Ministry of Energy and Natural Resources (KeTSA) has opened a bidding process for the Large Scale Solar (LSS) programme to create momentum for the national economy post-COVID-19.
Kuala Lumpur (VNA) - The Malaysian Ministry of Energy andNatural Resources (KeTSA) has opened a bidding process for the Large ScaleSolar (LSS) programme to create momentum for the national economypost-COVID-19.
Minister Datuk Dr Shamsul Anuar Nasarah said some 1,000 megawatts(MW) of solar quota has been offered through the bidding process since March 31that is open to local companies or those with at least 75 percent local shareholding.
The move is aimed at reviving and stimulating the economy that isaffected by the COVID-19 pandemic, while spurring the development of thenation's electricity industry, especially renewable energy, he said.
He said the ministry expects to attract investments totaling 4billion RM (nearly 1 billion USD) and generate 12,000 job opportunities forMalaysians.
The quota offered this time is thebiggest under the LSS programme as during LSS-1 some 370MW solar were offered;LSS-2,520MW; and LSS-3, 500MW./.
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Malaysia’s Health Ministry is considering the possibility of allowing those who have been tested negative for COVID-19 for at least three days to enter Malaysia.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
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Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Illustrative image (Photo: theedgemarkets.com) 
