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Malaysia’s changing power sector

With economic growth driving a need for more power, Malaysia is changing the way it generates and delivers electricity.

Rating affirmed for Malaysia’s TNB

The Ratings Agency of Malaysia (RAM) has confirmed its debt ratings of state power company Tenaga Nasional Bhd.(TNB).

Outline of Malaysia’s electricity system

Outline of Malaysia's electricity system

Malaysia

Hong Kong utility CLP Holdings has bought a five per cent stake in YTL Corporation of Malaysia for about $102m. The deal is expected to give CLP access to the planned ASEAN power grid. CLP will develop power generation business in Malaysia and the group`s managing director, Ken Oberg said the investment will establish the group as a major player in the region`s power market.

Malaysia’s Tenaga faces continuing gas shortage

Malaysian energy utility Tenaga Nasional Bhd will have to cope with gas shortages for another two to three months, says the country's energy minister.

Malaysia:

National utility Tenaga Nasional Bhd is to go ahead with plans to build the 2100 MW coal fired power plant at Janamanjung in northern Perak state. The utility recently signed a RM2.6bn ($684m) loan facility to part finance the project which will be commissioned in 2003.

Malaysia’s TNB posts first quarter loss

Tenaga Nasional Bhd (TNB) has registered a net loss of RM356.1m ($93.83m) during the quarter ended 31 March 2002 against a profit of RM333m a year ago.

Malaysia’s Tanjong to take power division private

Malaysian investment-holding company Tanjong PLC plans to take its power-generating unit Powertek Bhd. private.

Malaysia’s TNB buys stake in Vietnamese rooftop solar projects

Sunseap Group has announced that Malaysia's Tenaga Nasional Berhad (TNB) Renewables will be buying a 39% stake in its five solar rooftop projects in Vietnam.

Malaysia

A total of RM800m ($210m) has been allocated to upgrade electricity supplies in Sabah. The country recently suffered a major failure which cut supplies in nine of ten states for more than 30 minutes. The failure was caused by a tripped power line.

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