Economic Growth in Malaysia: 3.5% per Annum
Abdul Razak bin Abdul Majid, Chairman of Energy Commission talks about electricity consumption in Malaysia. The power consumption grew at 3.5% per annum.
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Abdul Razak bin Abdul Majid, Chairman of Energy Commission talks about electricity consumption in Malaysia. The power consumption grew at 3.5% per annum.
Malaysia is on the upward economic trend and that is why the electricity consumption grows.
Abdul Razak bin Abdul Majid, Chairman of Energy Commission talks about renewable energy in Malaysia. Renewable power generation stands at 10% including the hydro. The plan of the government is to increase the power generated from renewable energy to 20% by 2030.
Abdul Razak bin Abdul Majid, Chairman of Energy Commission talks about the structure of the electricity sector.
Abdul Razak bin Abdul Majid, Chairman of Energy Commission says that Malaysia offers one of the lowest rates for electricity for commercial and industrial purposes.
Abdul Razak bin Abdul Majid, Chairman of Energy Commission talks about the investment opportunities in power sector in Malaysia for independent power producers.
Electricity consumption is still linked to economic growth activity in this country. At the moment we are growing at about 3.5% per annum and sometimes that creeps up a bit further depending on the general investment climate and economic development.