The Minister of Natural Resources, Environment and Climate Change, had on 9 March, announced several revisions to the CGPP as follows:
The Energy Commission, as the regulator of the CGPP, had issued a revised information guide ("Guide") on 17 April 2023 which can be downloaded from their website (www.st.gov.my).
In addition to the announcement made by the Minister, the other notable changes to the Guide include:
The revisions to the CGPP will no doubt be looked favourably by industry participants, especially given that parties now have more time to properly study the feasibility of a project with other relevant stakeholders. However, there are still many aspects of the CGPP which are still unclear including the renewable energy credit framework which it is hoped will be address further in time. Our previous alerts issued on the CGPP can be found here, here and here.
Source: Information Guide for Corporate Green Power Programme (For Solar PV Plant) published by Energy Commission, 17 April 2023
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