Issue link: https://maltatoday.uberflip.com/i/1497281
11 NEWS maltatoday | SUNDAY • 16 APRIL 2023 The Strategy and Implementation Division (EU Funds) within the Ministry for the Economy, European Funds and Lands Notice of a Public Consultation The Director-General, Strategy and Implementation Division (EU Funds) within the Ministry of the Economy, European Funds and Lands, informs the general public and stakeholders of a request for a public consultation regarding Malta's REPowerEU initiatives as part of the Recovery and Resilience Facility (RRF) for Malta. The Document can be accessed through the following website address https://fondi.eu/programme/recovery-and-resilience-plan/ or by obtaining a copy from the from the Strategy and Implementation Division, European Funds Section, 32, House of Catalunya, Marsamxett Road, Valletta, VLT 1850. All interested parties are invited to send their proposals, suggestions and comments by sending an email on the email address fondi.eu@gov.mt or by submitting feedback by post addressed to the Strategy and Implementation Division, European Funds Section, 32, House of Catalunya, Marsamxett Street, Valletta, VLT 1850. Submissions can be sent until 17:00hrs CEST on Friday, 21 April 2023 Late proposals will not be considered. ENEMALTA is selling over €458,000 in equipment aban- doned by an Indian tech com- pany at a deserted under- ground chamber in the old Marsa power station. Enemalta's action is intend- ed to recover money it is owed by the Indian-owned video streaming business, Stream- cast, which closed shop in under a year before paying its dues. The Indian company was ordered years later by a Mal- tese court to pay Enemalta €400,000 in contractual dues. Its technological equipment and other office infrastruc- ture in the Marsa power sta- tion chamber will go on sale by court auction to recover part of the monies owed to Enemalta. Originally the Cloud operator was slated in 2017 to be part of a €75 million secure data cen- tre inside Enemalta's extensive underground infrastructure at the Marsa site – a project which failed to materialise. Nimish Pandya's Streamcast was later found to have built a network of shell companies, which only used its Maltese venture to hike up its value be- fore being sold for €2 million in 2019. A related, Irish compa- ny, Streamcast Technologies Holdings, held a shareholding interest from audit firm Nexia BT partners Brian Tonna, Karl Cini and Manuel Castagna – auditors in the Panama scandal that implicated former energy minister Konrad Mizzi and one-time chief of staff Keith Schembri. A court had ordered Stream- cast, which did not even file a court response, to pay over €422,000 to Enemalta for leas- ing space at the Marsa power station for a data centre, whose server farm project never ma- terialised. Contractual dues, use of infrastructure and oth- er energy bills and rental pay- ments, were never paid to En- emalta by the company when it departed only a year after commissioning its equipment in 2018. Enemalta had not invested any money in the project and the data centre costs were the responsibility of Streamcast Technologies. Enemalta's role was limited to the lease of its property. Former energy minister Joe Mizzi had declared in parlia- ment that Enemalta had signed its memorandum of under- standing in November 2017 with another related company Streamcast Technologies Inc [Delaware] for its local subsid- iary, Streamcast Limited. Streamcast had also been condemned to pay €300,000 to Melita for internet connection fees dating back to the date of its incorporation. Another pri- vate company, P&C Limited, was also seeking the enforce- ment of a promise of sale on an office block in Marsa for €7.2 million. Reporting by Matthew Vella mvella@mediatoday.com.mt Auction to recover debts Indian streaming company owes Enemalta The tunnels at the former Marsa power station site were leased to Streamcast for a secure data centre