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High Court allows Sarawak Energy’s unit to challenge MOF’s rejection of its RM10.9 bil tax incentive claim

The High Court here on Thursday allowed a subsidiary of Sarawak Energy Bhd (SEB) to have RM10.9 billion be considered as investment tax allowance in 2019, after the Finance Ministry had earlier rejected the claim. This follows the court granting the judicial review application made by SEB’s subsidiary Baleh Hydro Power Generation Sdn Bhd to […]

DBP bankrolls P2.6-B Ifugao mini hydro project

The Development Bank of the Philippines (DBP) is funding Kiangan Mini Hydro Corporation (KMHC)’s P2.6-billion consolidation of three river systems iThe Development Bank of the Philippines (DBP) is funding Kiangan Mini Hydro Corporation (KMHC)’s P2.6-billion consolidation of three river systems into two renewable power projects in Ifugao.nto two renewable power projects in Ifugao.

‘Small hydro’ plants better than dams, says green energy activist

PETALING JAYA: “Small hydro” run of river (RoR) projects should be prioritised over dams in growing Malaysia’s reliance on hydroelectric power as they are less detrimental to the environment, says a renewable energy activist.