News Formal

Budget 2020: Putrajaya to replace PPA mechanism with open market system | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Budget 2020: Putrajaya to replace PPA mechanism with open market system

Friday, 11 Oct 2019 05:05 PM MYTFinance Minister Lim Guan Eng and Prime Minster Tun Dr Mahathir Mohamad arrive in Parliament for the tabling of Budget 2020 on October 11, 2019. — Picture by Shafwan Zaidon

In tabling the Supply Bill 2020 in Parliament today, Finance Minister Lim Guan Eng said this would enable renewable energy suppliers to compete directly in the market. Lim said the government was also in the process of drafting a policy to achieve a national target of 20 per cent usage of renewable energy by 2025.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business community shares wish list for Budget 2020 | The Malaysian InsightTraders and industries are eager to find out what the finance minister means by an 'expansionary budget.'
Source: msianinsight - 🏆 8. / 63 Read more »