This project is a continuation of the collaborative project between the Malaysian Government, Global Environmental Facility (GEF) and United Nations Development Programme (UNDP) with funding from the electricity supply industry through the Electricity Supply Industry Trust Account (AAIBE). The Ministry of Energy, Water and Communications is the co-ordinator for this project while the Malaysian Energy Centre is the implementation agency. The project has been extended to June 2007 to implement additional activities that have been identified including implementing energy audit on three (3) additional energy-intensive sectors namely plastics, oleo chemicals and petroleum.

The energy efficiency and conservation guidelines that was jointly developed with the Energy Commission and Malaysian Energy Centre was completed in 2006 and scheduled for launch in 2007. The guidelines are intended to provide the industry with a guide to manage their electricity energy more efficiently and choose suitable best practices in equipment and electrical facility maintenance at their factories/premises.

Under the energy audit programme, the MEEIP team hopes to conduct analysis on the audit done by ESCOs (energy services companies) in the textile and plastics sectors to further increase the efficiency of energy usage in the industry sector.

The MEEIP's biggest success in 2006 was the launch of the Heveaboard Project on 27 March 2007 by the Deputy Minister of Energy, Water and Communications. The project was an energy-saving project based on Energy Performance Contracting between an ESCO and a factory. Through the project, the factory was able to save RM70,000 on its monthly electricity bill.

Apart from this, the quarterly MEEIP Newsletter was published and distributed to the industry as another effort to encourage the efficient use of energy in the industry.