TNB’s Monopoly in Electricity Market to Remain
TENAGA Nasional Bhd (TNB) will remain a monopoly in Malaysia’s electricity business despite proposed impending changes to the market, while there is no rating impact from the company’s proposed internal reorganisation, according to Malaysian Rating Corp Bhd (MARC). The rating agency said TNB’s reorganisation — namely, the transfer of its domestic power generation and electricity […]
TNB’s six game changers to jump-start power sector
KUALA LUMPUR: Tenaga Nasional Bhd is focusing on six game-changing areas to spearhead the growth in the national power sector. They are “Grid of the Future”, building a global solar manufacturing hub, raising national competitiveness through energy efficiency, electrifying mobility for Malaysia, advancing connectivity for the country’s digital economy and “Reskilling Malaysia”.
TNB’s power plant achieves national grid connectivity
KUALA LUMPUR: Unit 1 of Jimah East Power Sdn Bhd’s coal-fired power plant in Port Dickson, Negeri Sembilan, successfully achieved its first synchronisation on Dec 10. Jimah East Power is a 70 per cent subsidiary of Tenaga Nasional Bhd (TNB). TNB said the first synchronisation means the generator of Unit 1 had been synchronised to […]
Tok Pa: Putrajaya to scrutinise National Energy Policy to determine path forward for energy sector
KUALA LUMPUR, Nov 11 — The government will undertake a study on the National Energy Policy (NEP) to determine the policies and the long-term strategies for the nation’s energy sector.
Top Glove partners Shizen Malaysia to expand solar system implementation
KUALA LUMPUR: Top Glove Corp Bhd has entered into a 20-year power purchase agreement (PPA) with Shizen Malaysia Sdn Bhd to expand its solar energy usage. The glove maker said under the partnership, Shizen Malaysia will install, own, and operate a 10 megawatt (MW) peaking grid, and Top Glove will purchase the electricity generated by Shizen Malaysia […]
Total’s profits surge past pre-pandemic levels as oil rebounds
PARIS: French energy giant Total posted a sharp increase in quarterly profits on Thursday, outstripping pre-pandemic levels as oil prices rebounded from the doldrums of the coronavirus crisis.
TotalEnergies gains foothold in Qatar LNG expansion
Qatar yesterday named France’s TotalEnergies as its first foreign partner to develop the world’s largest natural gas field and eventually help ease Europe’s energy fears. The French energy major will have a 6.25% share of the giant North Field East project that will help Qatar increase its liquefied natural gas (LNG) production by more than […]
Transformation into low carbon cities will develop local green economy: PM
PUTRAJAYA: Prime Minister Tan Sri Muhyiddin Yassin (pix) today said that the transformation of cities in Malaysia into low-carbon cities will help develop the local green economy, create jobs and attract domestic and international investments.
Transitioning to net-zero through energy efficiency takes precedence
Global warming, which is blamed for recent floods and rise in temperature, has become the most alarming concern affecting the world today, and requires more innovative ways and technology to minimise the surplus of carbon dioxide (CO2) in the atmosphere.
Tri-country power deal endorsed
Laos, Malaysia and Thailand have agreed on a second power purchase agreement under the Laos, Thailand and Malaysia Power Integration Project (LTM-PIP) at the 37th Asean Ministers on Energy Meeting (AMEM). The meeting started on Monday and is scheduled to end on Friday in Bangkok. The agreement aims to raise electricity sent from Laos to Malaysia […]