Latest news with #PETRA
Malay Mail
2 days ago
- Business
- Malay Mail
A-G Report: Selected pre-qualified tenders in three ministries failed to speed up procurement, opened doors to abuse
KUALA LUMPUR, July 21 — The implementation of the Selected Pre-Qualified Open Tender Procurement (Selected Pre-Q Procurement) at the Ministry of Energy Transition and Water Transformation (PETRA), the Ministry of Works (KKR) and the Ministry of Rural and Regional Development (KKDW) has not achieved the objective of expediting the procurement process. According to the Auditor General's Report (AG Report) 2/2025 tabled in the Dewan Rakyat today for the KKR, the implementing agency audited was the Sabah Public Works Department (JKR). Based on the audit conducted, the implementation of the Selected Pre-Q Procurement in the three ministries should not be continued, among other things due to the existence of room for manipulation and lack of transparency in the selection of companies, where only certain companies were approved to participate in the tender. 'In addition, market competitiveness is reduced because the ministries or departments involved do not have a database related to the list of reputable and high-performing companies that have previously received contracts from the ministries or departments. 'The Pre-Q Selected Procurement Method does not set a maximum period for the second-stage invitation process and the overall procurement period but only sets a minimum period, causing the procurement process to take a long time, between 152 and 553 days,' according to the report. In this regard, the audit is of the view that the Pre-Q Selected Procurement method should not be continued and the open tender procurement method is more suitable to be implemented to ensure accountability and transparency in the procurement process. However, if the government chooses to continue with Pre-Q Selected Procurement, it is still relevant for large-scale or high-impact projects that require certain technical and financial capabilities from companies participating in the tender, including conducting initial screening on companies. To ensure the objectives of the Procurement Selected Pre-Q are achieved, the audit recommends that the projects offered under the procurement method consist of specific projects that are targeted and require immediate implementation and do not involve specific expertise for their implementation. In addition, the report also recommends clearer and more transparent terms and criteria based on the needs according to the type of project can help ministries or departments screen faster at the initial stage to avoid wasting time and cost in evaluating participation from ineligible companies. The audit also recommends that the integrated company database of the ministries or departments involved refer to a central company database such as the Centralised Information Management System (CIMS) of the Construction Industry Development Board (CIDB) or other systems that need to be developed comprehensively. Another recommendation is to harmonise open and selected tender procedures and create comprehensive guidelines covering technical and financial evaluation. — Bernama
Barnama
2 days ago
- Business
- Barnama
Sg Kelantan PLSB Phase 2 On Track For April 2029 Completion, Says PETRA
PUTRAJAYA, July 21 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) announced that Phase 2 of the Sungai Kelantan Integrated River Basin Development Project (PLSB) is progressing as planned and is expected to be completed by April 2029. In a statement today, PETRA said the design-and-build project, which commenced in April with an allocation of RM1.064 billion, had recorded 6.02 percent physical progress as of June 30. The scope of works includes upgrading Sungai Seribong and Sungai Mulong, building flood control gates, stabilising riverbanks in Kampung Parit Cina, Kampung Tokong and Kampung Pendek, improving local flood drainage, and constructing a flood wall from Kampung Keseng to the mouth of Sungai Kelantan. 'The Federal government, through PETRA, remains committed to strengthening flood mitigation efforts for the well-being of the people,' the ministry said. PETRA also noted that the project is currently in the land acquisition phase for works involving slope and riverbank protection, flood drainage, the flood wall and Sungai Seribong. The Federal government is working closely with the Kelantan government and agencies such as the State Land and Mines Office and the Kota Bharu District and Land Office, as well as utility providers, to ensure a smooth and expedited land acquisition process, it added. "This cooperation helps control rising project costs," PETRA said in the statement. The ministry also noted that the upgrading works on Sungai Mulong and Sungai Seribong involve diverting water from both rivers to Sungai Pengkalan Datu before discharging it into the sea. Site clearing has begun for flood drainage construction at several locations. These locations include Balai Islam to Sungai Lubok Mulong; Kampung Tokku to Saliran Mandi; Kampung Kadok; Kampung Tunjong; Kampung Desa Kujid; Kampung Baung Bayam; and Kampung Demit and Masjid Sultan Ismail.
Barnama
5 days ago
- Business
- Barnama
PETRA Approves 48 Renewable Energy Projects, To Generate RM1.87 Billion In Investments
PUTRAJAYA, July 18 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA), through the Sustainable Energy Development Authority (SEDA) Malaysia, has approved the development of 48 Renewable Energy (RE) projects from biogas, biomass and small hydropower sources, with a total capacity of 181.25 megawatts (MW), under the Feed-in Tariff (FiT) mechanism. PETRA, in a statement today, said the approved RE projects were expected to generate investments worth RM1.87 billion in the renewable energy sector and would begin supplying green electricity to Tenaga Nasional Bhd (TNB) from as early as 2028. "The implementation of new RE projects under the Feed-in Tariff mechanism is part of PETRA's commitment to increasing the share of RE in the national electricity supply mix to 70 per cent by 2050. "The effort to boost the capacity of biogas, biomass and small hydropower sources will also strengthen the reliability of the country's electricity supply by diversifying RE generation sources and providing firm or consistent electricity supply,' the statement read. The ministry said it was confident that the FiT mechanism-based RE initiative would serve as a catalyst for a more progressive and positive growth of the domestic renewable energy industry, in line with the core principles of Malaysia MADANI, which emphasised sustainability, innovation and shared prosperity. 'The government announced the offering and opening of FiT approval applications totalling 190MW for three RE sources – biogas, biomass and small hydropower – from Jan 15 to Feb 19, 2025. PETRA said the government had invited eligible RE developers to submit applications for participation in an e-bidding process during that period. A total of 59 applications were received, with 48 that met the prescribed technical and financial criteria approved. The approvals comprise 20 projects with a total quota of 30.93MW for green electricity generation from biogas, eight projects with a quota of 53.50MW (biomass), and 20 projects with a quota of 96.82MW (small hydropower).
The Sun
5 days ago
- Business
- The Sun
Malaysia approves 48 renewable energy projects worth RM1.87 billion
PUTRAJAYA: The Ministry of Energy Transition and Water Transformation (PETRA) has approved 48 renewable energy (RE) projects under the Feed-in Tariff (FiT) mechanism, expected to generate RM1.87 billion in investments. These projects, covering biogas, biomass, and small hydropower, will contribute 181.25 megawatts (MW) to Malaysia's energy grid, with operations starting as early as 2028. PETRA stated that the initiative aligns with Malaysia's goal to increase renewable energy's share in the national electricity supply to 70% by 2050. 'The diversification of RE sources will enhance grid reliability and ensure consistent electricity supply,' the ministry said. The government had opened applications for 190MW of FiT quotas earlier this year, receiving 59 submissions. Of these, 48 met technical and financial requirements, including 20 biogas projects (30.93MW), eight biomass projects (53.50MW), and 20 small hydropower projects (96.82MW). PETRA emphasised that the FiT mechanism will drive sustainable growth in Malaysia's RE sector, supporting the Malaysia MADANI vision of innovation and shared prosperity. Interested developers can view e-bidding results on SEDA Malaysia's official website. - Bernama
New Straits Times
5 days ago
- Business
- New Straits Times
Petra approves 48 renewable energy projects, to generate RM1.87bil in investments
PUTRAJAYA: The Ministry of Energy Transition and Water Transformation (PETRA), through the Sustainable Energy Development Authority (SEDA) Malaysia, has approved the development of 48 Renewable Energy (RE) projects from biogas, biomass and small hydropower sources, with a total capacity of 181.25 megawatts (MW), under the Feed-in Tariff (FiT) mechanism. PETRA, in a statement today, said the approved RE projects were expected to generate investments worth RM1.87 billion in the renewable energy sector and would begin supplying green electricity to Tenaga Nasional Bhd (TNB) from as early as 2028. "The implementation of new RE projects under the Feed-in Tariff mechanism is part of PETRA's commitment to increasing the share of RE in the national electricity supply mix to 70 per cent by 2050. "The effort to boost the capacity of biogas, biomass and small hydropower sources will also strengthen the reliability of the country's electricity supply by diversifying RE generation sources and providing firm or consistent electricity supply," the statement read. The ministry said it was confident that the FiT mechanism-based RE initiative would serve as a catalyst for a more progressive and positive growth of the domestic renewable energy industry, in line with the core principles of Malaysia MADANI, which emphasised sustainability, innovation and shared prosperity. "The government announced the offering and opening of FiT approval applications totalling 190MW for three RE sources – biogas, biomass and small hydropower – from Jan 15 to Feb 19, 2025. PETRA said the government had invited eligible RE developers to submit applications for participation in an e-bidding process during that period. A total of 59 applications were received, with 48 that met the prescribed technical and financial criteria approved. The approvals comprise 20 projects with a total quota of 30.93MW for green electricity generation from biogas, eight projects with a quota of 53.50MW (biomass), and 20 projects with a quota of 96.82MW (small hydropower). Further details on the e-bidding results under the Feed-in Tariff mechanism managed by SEDA Malaysia are available on its official website at
