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THE government is drafting a Bill on renewable energy to pave the way for more aggressive energy development.

Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui said the Act, which is expected to be enacted early next year, will also introduce the implementation of the Feed-in Tariff mechanism.

He said the move was in line with the government's aim to achieve a capacity of 2,080 megawatts (MW) in renewable energy by 2020.

"The Attorney General is currently fine-tuning the Bill.

"We are confident of the Bill being tabled for debate and approval during the Dewan Rakyat sitting this October," Chin told reporters after officiating at the International Conference on Advances in Renewable Energy Technologies (Icaret 2010) in Cyberjaya yesterday.

Earlier, Chin said the government was continuously exploring new ideas and strategies to accelerate green technology advancement in the country.

"We will announce from time to time the incentives and packages made available by the government to the stakeholders and interested parties in this sector.

"We have plans to make Malaysia a leading player in the world on green technology and we must get support from all quarters to achieve this," he said.

Chin also said that the ministry will be organising the International Greentech and Eco Products Exhibition and Conference Malaysia in Kuala Lumpur for four days from October 14.

He said the conference will offer a unique opportunity for the country to showcase to the world the latest green technology and eco-products available in the market. – Bernama