KUALA LUMPUR: The legislation on renewable energy has been prepared and it could be up for first reading in Parliament next week.
Minister of Energy, Green TECHNOLOGY [] and Water Datuk Seri Peter Chin said on Thursday, Dec 9 the legislation included the feed-in tariff scheme that enables consumers to sell renewable energy to utility companies.
He was speaking at the launch of a joint venture between Khazanah Nasional Bhd and Camco International to set up Camco South East Asia, which will be involved in carbon emission reduction projects.
Bernama reports Khazanah will have a 40% stake in the joint venture while Camco International will hold the other 60% stake.
Khazanah managing director Tan Sri Azman Mokhtar said Camco South East Asia will have a paid-up of US$30 million.
Currently, Khazanah holds 23.6 per cent stake in Camco International, which is listed on the Alternative Investment Market (AIM) of the London Stock Exchange.
Camco International has a 20-year track record in carbon project development, technical delivery and policy development.
Minister of Energy, Green TECHNOLOGY [] and Water Datuk Seri Peter Chin said on Thursday, Dec 9 the legislation included the feed-in tariff scheme that enables consumers to sell renewable energy to utility companies.
He was speaking at the launch of a joint venture between Khazanah Nasional Bhd and Camco International to set up Camco South East Asia, which will be involved in carbon emission reduction projects.
Bernama reports Khazanah will have a 40% stake in the joint venture while Camco International will hold the other 60% stake.
Khazanah managing director Tan Sri Azman Mokhtar said Camco South East Asia will have a paid-up of US$30 million.
Currently, Khazanah holds 23.6 per cent stake in Camco International, which is listed on the Alternative Investment Market (AIM) of the London Stock Exchange.
Camco International has a 20-year track record in carbon project development, technical delivery and policy development.
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