KUALA LUMPUR, October 7 – GENTARI who is a subsidiary of PETRONAS has been established as a clean energy leader. To begin with GENTARI to install solar panels at Government and commercial facilities by 2024 with a cumulative PV capacity of 3 megawatts and provide 500 units of EV charging facilities nationwide with continue the effort Tenaga Nasional Berhad is also committed to installing solar rooftops and providing EV charging facilities with an investment of 165 million ringgit until 2025.

Furthermore, as a continuous step to support the use of EVs, the Government plans to provide exemption from import duty and excise on imported CBU type EVs is extended until December 31, 2024, approved permit (AP) fee exemption for importing EVs until December 31, 2023; and EV charging equipment manufacturers are given 100 percent income tax exemption on statutory income from assessment year 2023 to assessment year 2032 and 100 percent Investment Tax Allowance.

To support the efforts of Pulau Tuba in Langkawi, Kedah as the first low-carbon island in Malaysia, the Government will give a sales rebate of up to 4,000 ringgit to rental motorcycle operators who replace their existing motorcycles with electric motorcycles.