Malaysia

Malaysia's TNB to buy solar energy from ex-landfill site

Malaysia's TNB to buy solar energy from ex-landfill site

Cypark will start selling electricity from its solar farm to Tenaga Nasional Berhad on March 28.

Nine bidders shortlisted for Prai power project

Malaysia's Energy Commission shortlisted nine consortia and sole bidders in the tender process for the Prai combined-cycle gas turbine power project.

Malaysia looks at Indian hydro power projects

Malaysia is showing increasing interest in investing in hydro-electric power projects in India.

Malaysia's TNB to get more profits under govt reform initiatives

Malaysia's Tenaga Nasional Bhd could add up to 30% in core net profits in fiscal period ending Aug 31, 2013 due to government reform initiatives.

Sabah to build, upgrade two power substations

Two Distribution Main Intake substations wi be buit and upgraded in Sabah to overcome shortage of electricity supply to residents.

Malaysian govt firm buys Tanjong Energy for $2.8B

1Malaysia Development Bhd had acquired Tanjong Energy for US$2.81 billion.

RHB Group To Part Finance Coal-Fired Power Plant In Johor

RHB Bank and RHB Investment Bank will jointly raise RM1.38 billion to part finance the development, construction and operation of a new coal-fired power plant in Tanjung Bin, Johor. The 1,000 Megawatt power plant, which requires total financing of more than RM6.0 billion, is managed by Tanjung Bin Energy Issuer Bhd, a subsidiary of Malakoff Corporation Bhd. Malaysia's energy demand is projected to grow at 3.4 per cent, annually, given the large number of big-scale infrastructure and construction projects proposed under the 10th Malaysia Plan, said RHB in a statement today. It said with the addition of the coal-fired power plant in Tanjung Bin to the grid, along with the inclusion of other power plants that are due soon, electricity reserve margin was expected to be maintained at an acceptable level. "We are proud of the RHB Banking Group's ability to assist Malakoff in the financing of such an esteemed project that is of national significance," RHB Bank Corporate Banking Division director Mike Chan was quoted as saying in the statement.

Malaysian tycoon draws 12 bids for $3B power asset sale

Malaysian tycoon Ananda Krishnan's sale of over $3 billion worth of power assets has attracted 12 initial bids with a final round of bidding expected by end of March.

Malaysia's dam plans condemned by international group

The construction of 12 hydroelectric dams in Sarawak is being opposed by an international NGO coalition.

Alstom to build supercritical plant in Malaysia for $1.1B

Alstom as part of a consortium will build a  supercritical coal-fired power plant Malaysia under a $1.10 billion deal.

TNB boss says board close to picking his replacement

Tenaga Nasional Berhad's Board of Director's will soon name its new boss.

Bosch committed to solar plant investment in Malaysia

Bosch will continue the construction of the solar energy plant in Penang, Malaysia at a later date.

Malaysia's TNB to build Bangladesh's $2.5 B coal-fired power plant

Tenaga Nasional Bhd is targeting to develop a 1,400-megawatt coal-based power plant in Cox's Bazar, Bangladesh worth US$2.5 billion.

Malaysia to choose builder of combined-cycle power plants soon

Malaysia next month will announce a shortlist of companies vying to build a series of more efficient combined-cycle power plants throughout the country.

Why we should go green in shipping

Nazery Khalid assesses efforts in the shipping sector to go green

Malaysia to boost renewable energy generation by more than 5 times

Malaysia will increase the percentage of electricity generated from renewable energy to 5.5 per cent from the less than one per cent currently.