KUALA LUMPUR, Sept 7 -- Tenaga Nasional Bhd’s (TNB) wholly-owned subsidiary, TNB Power Generation Sdn Bhd (TNB Genco), had received a letter of notification from the Ministry of Energy and Natural Resources to develop a 300 megawatts (MW) hydroelectric power plant in Kelantan.
In a filing to Bursa Malaysia today, TNB said the letter of notification requires TNB Genco to fulfil certain requirements prior to the execution of the project.
“As conditioned by the government, TNB Genco has incorporated a wholly-owned project company named TNBPG Hydro Nenggiri Sdn Bhd to undertake the project. The construction works of the project is estimated to take five years and its expected schedule commercial operation date is June 1, 2027,” it said.
It said the project would increase its generation market share, particularly from hydro, and improve the overall efficiency of its generation asset portfolio including renewable energy.
TNB said the project would also enhance energy security for the nation and bring about a positive socio-economic impact for Malaysia, the state of Kelantan and local communities.
“The project will also bring additional benefits to Kelantan in terms of flood mitigation, cleaner water supply and raw water supply for irrigation,” it said.
It added that the project would reinforce the security of energy supply in Peninsular Malaysia, particularly to the eastern region, further ensuring the utility provider ability to play its role in balancing the energy trilemma for the nation.
KUALA LUMPUR, Sept 22 -- Serba Dinamik Group Bhd, a provider of internet access through local satellite technology, has installed the Proof of Concept (POC) for Very Small Aperture Terminal (VSAT) satellite internet access in Kampung Betutai, Tuaran, Sabah to reduce the rural digital divide.
KUALA LUMPUR, Sept 20 -- MCE Holdings Bhd's wholly-owned subsidiary MCE Ventures Sdn Bhd (MVSB) has signed a memorandum of understanding (MOU) with China’s Chongqing Beidou Jiean Neo-Energy Technology Ltd (BDJA) to establish a joint venture (JV) for the electric vehicle business.
PUTRAJAYA, Sept 20 (Bernama) -- Sustainable Energy Authority Development (SEDA) Malaysia officially launched its 10th Anniversary celebration via online ceremony officiated by SEDA Malaysia’s Chairman, YB Tuan Lukanisman Awang Sauni.
The Authority, which was established in 2011 achieved its first decade of operation on 1st September this year. As a statutory body under the Ministry of Natural Energy and Resources (KeTSA), SEDA Malaysia is responsible for the development of the sustainable energy industry in Malaysia.
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