Do we still need IPPs?

By Khairie Hisyam

In this five-part series, KiniBiz swivels the spotlight to independent power producers or IPPs. Do we need them still? We start by tracing the birth of the first Malaysian IPP — YTL Power — by talking to former Tenaga Nasional Berhad executive chairman Ani Arope. We then looked at how YTL Power’s deal opened the floodgates for the other early IPPs, dubbed the first generation. Then we examine the issues with IPPs and dissect power sector reforms that the Energy Commission is pushing through. Finally we ask the big question — are IPPs part of our future?

Issues
#1

How Malaysia’s first IPP was born

Behind the recent controversy surrounding power generation project Track 4A — and the Energy Commission’s U-turn in awarding it directly after promising an open tender process — is a ...
#2

Malaysia’s other first-generation IPPs

YTL Power’s sweetheart deal as the first independent power producer (IPP) paved the way for more IPPs to come into the power generation sector. Dubbed the first generation, the four that bagged ...
#3

The issues with IPPs

The shadowy terms given to the early IPPs, as well as the lack of an open tender process, meant transparency was sorely lacking. This and other issues surrounding the early IPPs were addressed to ...
#4

Dissecting power sector reforms

After the third generation of IPPs, the power sector saw several reform initiatives. While the incentive-based regulation (IBR) framework and power purchase agreement renegotiation brought some ...
#5

Are IPPs part of our future?

Given IPPs’ apparent problem in competing with state-backed entities in competitive bidding for power projects, do they have a place in our electricity generation big picture? KiniBiz examines ...