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OutSyed The Box

Friday, August 11, 2023 LIFE LONG AMBITION

Beliyon Ringgit, Triliyon Ringgit Dah Bermula Dah. Its Back

To Billions And Trillions Again.
 

https://www.nst.com.my/business/2023/07/935497/rafizi-10-wide-ranging-catalytic-initiatives-
will-open-rm185-trillion

ANGRY PUPPY CATCHES CAR

In the jungle, the m ighty jungle

National Energy Transition Roadmap 10 investments RM435b - RM1.85 trillion by 2050 The lion is laughing at you again

(OSTB : RM1.85 trillion divided by 27 years = RM60b per year. Last year 2022 FDI into
Malaysia was RM97 billion.) JANGAN KAYA DENGAN MAKAN DUIT RAKYAT

"The National Statistics Department said in a statement that as at the end of the 2022, the
country's FDI position was RM879.1bil, up from RM782bil in 2021". 

(OSTB : So now energy projects alone worth RM60 billion a year?? Are you going to put
colored lights up your kazoo?)

NETR contains interim measures to meet our Net-Zero target. 

OSTB : The Renewable Energy is now the game of the World Economic Forum fellows. I
can tell you more about their involvement here but maybe later. (Yes they are fully parked
here). They claim that RE will be cheaper than fossil fuel electricity. The costs for solar
and wind generated power has been dropping but the quantums are still debateable.

one project "championed" by Khazanah JV with UEM and ITRAMAS. 

1 gigawatt (GW) solar power plant largest in Southeast Asia
attracted high-profile global investments totalling RM6 billion

OSTB  : Why UEM? Who is ITRAMAS? Open tender or no open tender?  HAPUSKAN MONOPOLI / NO MONOPOLIES

Who exactly are these 'high-profile global investments'?

Power distribution in Malaysia is a monopoly business. The national power utility is TNB.
All the power that is generated in Malaysia will be bought by TNB. Its a monopoly
industry. It is not very competitive.

All that these super duper high-profile global  businessmen need to do is to secure a PPA
from TNB. Power Purchase Agreement. A PPA from TNB is worth billions of Ringgit. 

As long as the PPA has the magic statement "TNB agrees to buy your megawatts /
gigawatts of electricity for the next 15, 20, 30 years at xy sen per kw/hr"  then any bank in
the world will provide financing. Its a done deal.

Or they can even go for direct public listing under infrastructure special projects
classification or something like that. If not here at the Bursa Saham then maybe in Hong
Kong, Shanghai etc. Its a done deal.

After that it is cap duit for 15, 20, 25 years or whatever. This is a monopoly business. There
is only one buyer of the power ie TNB. 

So what is the value added provided by the super duper high-profile global 
businessmen? Why give the high-profile global  businessmen such easy mak-nenek type
business licenses to print money from the Malaysian consumer?
Why not give it to our own Malaysian businessmen. If you give me a PPA from TNB for 1
Gigawatt of electricity for 20 years  I will personally raise the funding for you within
weeks or months. It is not a problem at all. Like I said, its a done deal.

This is how that rice import fellow became super rich. He had a PPA from TNB.  He was
(or still is) the single largest supplier of power to TNB.  This is how YTL became super rich
- they also had a PPA from TNB.  The YTL PPA was much cheaper than the rice import
fellow's PPA. (I know because I was involved in the projects).

So why give a 1 gigawatt "cap duit" PPA to  high-profile global  businessmen?
Total Pageview s

Let  the  high-profile global  businessmen bring in their own technology, their own money
and most important of all make sure they compete in the open market WITHOUT 97,749,708
Malaysian crutches, without creating more monopolies and oligopolies in Malaysia.
Hope in Water Color
Rafizi said "put in place the framework of carbon capture and storage (CCS) so that catalyst
projects could be implemented in these two years"

OSTB : Do what you want but please spend your father's money ok. NOT MY MONEY.
Awak nak bakar duit kah, belanja duit kah, pi bakar duit bapak awak. Jangan membazir
duit saya. No taxpayers funds. 

"carbon capture and storage (CCS)" ke,  catalyst projects ke go and spend duit bapak kau.
Dont play with my money.  No taxpayers money.

Folks, let me share with you that some of these "global warming, zero carbon footprint,
zero emmissions" people are planning to replace our coal fired power plants (which by Saraswati
provide half of Malaysia's affordable electricity) with gas fired power plants. 
This is allow ed here :
Gas fired plants are still fossil fuels. And gas fired electricity is much more expensive than
coal fired electricity. Meaning our electricity tariffs will go up. Thats what it means.

Plus it will cost billions of Ringgit to convert coal fired power plants to gas fired power
plants.

So the suggestion is that the gomen use our taxpayers funds to partially or fully fund
these conversions.  Banyak cantik.

We the taxpayers pay for these conversions then these high-profile  businessmen make
the money. Banyak cantik.  

All in the name of global warming, renewable energy, zero carbon footprint bla bla bla.
Some people will get super rich. Hello World Economic Forum.

What will we get? Higher electricity tariffs.   Translate

There is more going on. Click on these quick links and see who is connected to whom: Select Language

https://www.malaysianow.com/news/2022/11/07/pressure-grows-on-rafizi-over-rm17- Pow ered by Translate

million-windfall-from-loss-making-invoke
HAPUSKAN MONOPOLI / NO MONOPOLIES
In the article above, Lee  .. .. .is the business tycoon who is 2nd largest shareholder of
Invoke

https://www.thestar.com.my/business/business-news/2021/01/04/itramas-targets-60-
revenue-from-solar-segment

By Syed Akbar Ali at August 11, 2023

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Syed Akbar Ali

Kuala Lumpur, Malaysia
Professionally in descending historical order
a Blogger, Advisory Panel - Malaysian Anti
Corruption Commission, businessman,
property developer, author (SIX books todate),
company director, newspaper columnist,
NEAC economic consultant and banker. Also
less erratic TV appearances and political
analyst. Main interest: Malaysian peoples'
scientific, industrial, economic and social
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Beliyon
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Triliyon
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LAH? DAP
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GEORGE
CLOO...
BORING
ELECTION
S ARE TOO
FAR AWAY
UNTUK
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