Seng Hin Managing Director, Kor Hock Tart (centre), together with GSPARX Board Member and Head of Solutions, TNB Retail Division, Mohamed Azrin Mohamed Ali (third, left) holding the signed document. Also together are Head of State Retail (Kelantan) TNB Retail Division, Ir Khabir Sufi Berhanuddin (second, left), State General Manager (State Stakeholder Affairs - Kelantan) TNB, Muhamad Azli Ab. Rahim (left), GSPARX Head of Procurement, Ahmad Tarmizi Mohd (second, right), Seng Hin General Manager, Lee Seng Pin (third, right), and Seng Hin Chief Financial Officer, Chai Sin Muh (right). (Credit: TNB)
KUALA LUMPUR, March 10 (Bernama) -- Tenaga Nasional Bhd (TNB), through its wholly-owned subsidiary GSPARX Sdn Bhd (GSPARX), will install a rooftop solar photovoltaic (solar PV) system with 1.3-megawatt peak (MWp) capacity for Seng Hin Rubber (M) Sdn Bhd (Seng Hin) at its factory in Kelantan.
TNB said through the Supply Agreement with Renewable Energy (SARE) - the initiative to switch to renewable energy (RE) would enable Seng Hin to enjoy an estimated electricity bill savings of RM18.78 million over 21 years.
TNB chief retail officer Kamal Arifin A. Rahman said the installation of the solar photovoltaic system at the Seng Hin factory site in Kuala Krai, Kelantan, is scheduled to be completed in August 2023.
“The green technology initiative will enhance the impact of environmentally friendly development and universal well-being in line with TNB's commitment to Environment, Social and Governance (ESG) targets.
“This agreement also includes other smart energy solutions such as green electricity tariff (GET); energy solutions that deliver better energy efficiency and an energy monitoring system (EMS) that can reduce carbon emissions,” he said in a joint statement.
It also aligns with the national aspiration to become a carbon-neutral country by 2050 as the initiative aims to reduce 1,124 metric tonnes of carbon dioxide every year, equivalent to greenhouse gas capture by 20,624 trees over ten years.
Seng Hin managing director Kor Hock Tart said the SARE enables Seng Hin to practice green initiatives and support the government's agenda towards carbon neutrality by 2050.
“At the same time, it is also a manifestation of empowerment towards ESG by Seng Hin with the agriculture sector acting as a catalyst for similar industries to adopt sustainable development,” he said in the same statement.
To date, GSPARX has secured 357 projects with commercial, industrial and government organisations, generating 249 MWp solar capacity.
-- BERNAMA
Oleh Nur Ashikin Abdul Aziz
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