Mida, Masdar to determine planning, implementation of RE project

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KUALA LUMPUR: The planning and implementation of a 10-gigawatt renewable energy (RE) project signed by the Malaysian Investment Development Authority ...

The planning and implementation of a 10-gigawatt renewable energy project signed by the Malaysian Investment Development Authority and United Arab Emirates company Abu Dhabi Future Energy Co PJSC is a commercial arrangement between the two entities.

“Therefore, Masdar’s investment, like other RE development companies in the country, needs to be done through participation in the existing RE programmes that are being and will be implemented,” he said. At the same time, Fadillah said, the government planned and drafted the implementation of third party access to enable developers to supply RE directly to consumers by using the grid infrastructure of utility companies.

 

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