KUALA LUMPUR (July 17): The federal government has decided to put off revealing details about the four independent power producer (IPP) contracts that have been cancelled until a later time due to "several issues", says Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin.

"We will announce it later. We cannot do it now due to several issues," she told reporters, but did not elaborate when asked at the Parliament lobby today.

Last Thursday (July 12), Yeo said the government will announce details of the four IPP contracts awarded by the previous administration this week after their terminations have been approved by the Cabinet.

At the time, she did not identify the affected IPP projects or reveal the value of the contracts, except to say that one of them involved a public-listed company. She also said their terminations would not result in any financial compensation from the government or any legal action by the IPPs and will not affect the country's electricity supply.

Yeo had said the previous Barisan Nasional government had approved a lot of IPP contracts through direct negotiation to build up the country's capacity and the new government is reviewing many of these IPP contracts.