With an electricity tariff hike due to be announced on Monday, it might be useful to recall how the first generation of ‘independent power producers’ (IPPs) profited at TNB’s (and the Malaysian public’s) expense. (more…)
Those travelling for the first time to Sarawak might be shocked to discover the poor condition of roads, even in urban areas.
And if you venture further away from the cities and towns, you might find folks without proper piped water and regular electricity supply and people still using pit latrines. And all the while, some of the political elites and their business cronies in Kuching enjoy ostentatious life-styles, their families having accumulated millions. (more…)
A few days ago, The Star reported that the relocation of seven Penan villages affected by the proposed RM3 billion Murum Dam in Belaga, Sarawak would be carried out according to the findings of a social and environmental impact assessment.
State environmental adviser James Dawos was reported as saying that the government had appointed consultants to conduct the study, expected to be completed by year-end, and would consider their report before coming up with a resettlement plan. The villages affected are Long Wat, Long Luar, Long Tangau, Long Menapa, Long Singu, Long Malim and Long Uba. Long Wat villagers face double jeopardy: they are to be “temporarily relocated” (to enable the construction of a cofferdam to divert the river) before later resettlement.
Here’s what one analyst had to say in response:
The major omission in this news report is that it does not canvass the views of the affected Penan.
Big money is at stake in negotiations between national electricy corporation TNB and private electricity producers (IPPs).
The stakes can get really high. Check out what happened in Sabah during negotiations between TNB subsidiary Sabah Electricity Sdn Bhd (SESB) and an IPP said to be Sabah-based.
This report from the NST:
Present were 14 people, including TNB officers, representatives from the IPP and the TNB subsidiary, as well as lawyers and an official from the Energy, Water and Communications Ministry.
The discussion was to thrash out a deal for TNB to purchase power from the IPP, which has a 100MW capacity.
Tenaga has posted a loss before tax of RM0.8 billion for its first quarter ended 30 November 2008 compared to a profit before tax of RM1.6 billion for the same period in 2007.
The amazing thing is that it made a forex translation loss of RM1.4 billion in the first quarter. That’s right, RM1.4 billion in one quarter.
And now it wants to take over the jinxed and problem-plagued Bakun Dam from Sarawak Hidro. Good luck, Tenaga – you will need it.