Trending News: PH Navy: WPS patrols, surveillance flights continueChina’s 75th National Day marked in HCM City34 People Hurt After Tour Bus Crashes On Highway Near IpohPM chairs meeting on sustainable development of marine economyThose Who Continue To Manipulate Religious Issues Are Irresponsible – Mohd Na’imThe 8th international sugar conference 2024 opened in Quy NhonNAFAS Introduces Urban Farming Kit, Encourages Home Vegetable GrowingAbout $118.3 million needed to repair national highways damaged by typhoonUphold Unity To Unlock Country’s Full Potential – AnwarTop leader hands over appointment decision to Deputy Prosecutor General296 Illegal Immigrants Arrested From January To Aug 31 – GOFMekong Delta region enjoys growing crop productionKing, Queen Extend Malaysia Day GreetingsHeavy Rain Causes Water Level Of Three Rivers In Kedah To Exceed Danger Level TonightOver 280 Left Homeless As Fire Destroys 44 Houses In TongodBank Rakyat Assures Its System Remains Secure After Attempted Data InfringementMalaysia Wins Bronze And Four ‘Medallion For Excellence’ Awards At Worldskills CompetitionUplifting Rural, Impoverished Urban Areas A Key Federal Priority, Says PM AnwarKing, Queen Grace Maulidur Rasul CelebrationSabah Will Continue To Defend Sovereignty Of The State Within Malaysia – HajijiCordillera Region under red alert due to TD GenerFerry Trapped In Sandbank Earlier Continues Journey To Langkawi TonightBaguio tourism group preps for 16K servings of fried riceTun Juhar Attends Malaysia Day 2024 CelebrationCDO animal bite cases hit 17K in Q2Ferry To Langkawi Runs Aground, Three Others Turn Back Due To StormPBBM: We must do more to protect childrenRetired Banker Loses Rm1.44 Mln To Phone ScamPangasinan gears up for Tropical Depression GenerSteven Sim Rescue’s Young Girl’s Dream Of Becoming Software EngineerLocal bourse up as investors anticipate Fed rate cut, peso strongCM Urges Penangites To Strengthen Unity, Elevate State To New HeightsCSC awards rites for outstanding gov’t workers set Sept 18Mahkota By-election: Syed Hussien Capable Of Taking Youth Agenda To Higher Level – Onn HafizBatac City main road closes for bomb explosion drillUpholding Sanctity Of Islam A Collective Responsibility – Sultan Of PahangOne-week police crackdown nets 142 suspects in LagunaCabinet Need To Discuss Proposal To Revamp National Education Policy That Abolished Form 3, Year 6 Exams – FadhlinaAntique records 3OK affected families, 1 death due to ‘Bebinca’Four Passengers Seriously Injured As Double-decker Bus Loses Control, Hits Road DividerSolar panel gives stable power supply in Romblon rural health units‘Rempeyek Wak Tunot’ From Mother’s Recipe, A Roadside Snack To Crunching Sales AbroadPSA targets entire population for nat’l ID system by 2025Three Deaths Recorded In Accidents Involving RXZ Members 6.0 ParticipantsTagbanuas now living in peace, prosperity in their ancestral domainMechamato Back For Season 3 With New Superhero ‘Maskmana’DSWD: Aid for TS Ferdie, Mt. Kanlaon-hit families tops P48MSeven Lost Hikers On Bukit Maras Found Safe – PoliceVictorias City harnesses solar power for clean, reliable water supplyVoters Prefer Small-scale Mahkota By-election CampaignGov’t efforts to manage debt, reduce poverty incidence laudedMeaningful Programmes, Colourful Processions Enliven 2024 Maulidur Rasul CelebrationsValenzuela court allows Alice Guo to attend Senate POGO hearingKPWKM To Build Two Disaster Storage Depots In Sibu, Miri – NancyActing mayor assures Legazpi residents of continuous servicesDr Abd Rauf Named Selangor’s Tokoh Maulidur Rasul 2024Obstruction of justice raps eyed vs. KOJC execs, lawyersDozens Of Malaysian Holiday-Goers Can’t Cross To Thailand Due To Passport Issues, Tax ArrearsLawyer seeks to nullify Comelec rule on party-list nomineesHalal Certification Report To Be Presented To Cabinet This Wednesday – Mohd Na’imOil prices down for 3rd straight weekMalaysia Day: Leaders Rally Malaysians With Messages Of Unity, PatriotismOver P9.3-M aid released to families hit by ‘habagat’ in W. VisayasTuanku Muhriz Expresses Regret, Sadness Over Reports Of Child ExploitationFish Conservation Week emphasizes sustainability, food security‘Sa Pwesto ni Pistong’ wins big in 1st Bacolod Film FestivalSadorra leads PH to victory over Slovenia in Chess OlympiadSwiss investors keen on exploring investment opportunities in Nam Dinh province: workshopPCG probes ‘undocumented’ Chinese crew of PH dredging vesselNearly 1.1 trillion VND raised for Yagi-hit victimsComelec processes over 500K voter reactivation applicationsTyphoon Yagi wrecks Quang Ninh’s aquacultureSenate OKs expanded college equivalency, accreditation programOver 40,000 Brave Downpour For Malaysia Day Celebration In Kota Kinabalu‘One Visayas’ tour seen to advance E. Visayas tourismBiker Injured By Falling Tree In JitraPDEA eyes dog breeding, training program for K9 unitsTengku Zafrul Urges Mahkota Outstation Voters To Return For Polling DayHouse taps PNP to capture Harry RoqueHusband Urge Police To Find Foreign Spouse Who Ran Away With DaughterCourt win shows govt’s commitment vs. illegal drugs – DOJPolitical Experts Hail Anwar’s Success In Maintaining Unity GovernmentPangasinan arts fest features indigenous lullabies, creativesClubs Must Tackle Wage Arrears Or Risk Legal, Reputation Fallout, Say ExpertsSC affirms cancellation of An Waray registration as party-list groupSingle Mother’s Time Management Skills Key To Raising Eight Successful ChildrenMMDA Ortigas satellite office to ease settling of documents, finesEx-cop Uses Kite Flying To Promote Crime-fighting AgendaCIDG seizes P19-M illegal LPG tanks in CaloocanMalaysia Needs To Elevate TVET To Shine At China WSC In ShanghaiLawmaker: Fast-track implementation of PhilHealth coverage hikesShifts In Monsoon Season Pattern, Intensity Complicate Flood ManagementKoreans rule World DanceSport Federation Cebu Open 2024Sarawak Mufti Recipient Of National-level Anugerah Perdana Malidur RasulW. Visayas schools shift to alternative learning due to bad weatherEx-GISB Followers To Be Called Up To Assist In Probe, Report To Be Submitted To MKI – Mohd Na’imPalace hosts countdown concert for PH hosting of FIVB in 2025Muslims Should Continue Making Prophet Muhammad ‘Uswatun Hasanah’ – PM AnwarOFW remittances up by over 3% in JulyOverseas Vietnamese in Singapore enjoy Mid-Autumn Festival
Wed. Sep 18th, 2024
Trending News: PH Navy: WPS patrols, surveillance flights continueChina’s 75th National Day marked in HCM City34 People Hurt After Tour Bus Crashes On Highway Near IpohPM chairs meeting on sustainable development of marine economyThose Who Continue To Manipulate Religious Issues Are Irresponsible – Mohd Na’imThe 8th international sugar conference 2024 opened in Quy NhonNAFAS Introduces Urban Farming Kit, Encourages Home Vegetable GrowingAbout $118.3 million needed to repair national highways damaged by typhoonUphold Unity To Unlock Country’s Full Potential – AnwarTop leader hands over appointment decision to Deputy Prosecutor General296 Illegal Immigrants Arrested From January To Aug 31 – GOFMekong Delta region enjoys growing crop productionKing, Queen Extend Malaysia Day GreetingsHeavy Rain Causes Water Level Of Three Rivers In Kedah To Exceed Danger Level TonightOver 280 Left Homeless As Fire Destroys 44 Houses In TongodBank Rakyat Assures Its System Remains Secure After Attempted Data InfringementMalaysia Wins Bronze And Four ‘Medallion For Excellence’ Awards At Worldskills CompetitionUplifting Rural, Impoverished Urban Areas A Key Federal Priority, Says PM AnwarKing, Queen Grace Maulidur Rasul CelebrationSabah Will Continue To Defend Sovereignty Of The State Within Malaysia – HajijiCordillera Region under red alert due to TD GenerFerry Trapped In Sandbank Earlier Continues Journey To Langkawi TonightBaguio tourism group preps for 16K servings of fried riceTun Juhar Attends Malaysia Day 2024 CelebrationCDO animal bite cases hit 17K in Q2Ferry To Langkawi Runs Aground, Three Others Turn Back Due To StormPBBM: We must do more to protect childrenRetired Banker Loses Rm1.44 Mln To Phone ScamPangasinan gears up for Tropical Depression GenerSteven Sim Rescue’s Young Girl’s Dream Of Becoming Software EngineerLocal bourse up as investors anticipate Fed rate cut, peso strongCM Urges Penangites To Strengthen Unity, Elevate State To New HeightsCSC awards rites for outstanding gov’t workers set Sept 18Mahkota By-election: Syed Hussien Capable Of Taking Youth Agenda To Higher Level – Onn HafizBatac City main road closes for bomb explosion drillUpholding Sanctity Of Islam A Collective Responsibility – Sultan Of PahangOne-week police crackdown nets 142 suspects in LagunaCabinet Need To Discuss Proposal To Revamp National Education Policy That Abolished Form 3, Year 6 Exams – FadhlinaAntique records 3OK affected families, 1 death due to ‘Bebinca’Four Passengers Seriously Injured As Double-decker Bus Loses Control, Hits Road DividerSolar panel gives stable power supply in Romblon rural health units‘Rempeyek Wak Tunot’ From Mother’s Recipe, A Roadside Snack To Crunching Sales AbroadPSA targets entire population for nat’l ID system by 2025Three Deaths Recorded In Accidents Involving RXZ Members 6.0 ParticipantsTagbanuas now living in peace, prosperity in their ancestral domainMechamato Back For Season 3 With New Superhero ‘Maskmana’DSWD: Aid for TS Ferdie, Mt. Kanlaon-hit families tops P48MSeven Lost Hikers On Bukit Maras Found Safe – PoliceVictorias City harnesses solar power for clean, reliable water supplyVoters Prefer Small-scale Mahkota By-election CampaignGov’t efforts to manage debt, reduce poverty incidence laudedMeaningful Programmes, Colourful Processions Enliven 2024 Maulidur Rasul CelebrationsValenzuela court allows Alice Guo to attend Senate POGO hearingKPWKM To Build Two Disaster Storage Depots In Sibu, Miri – NancyActing mayor assures Legazpi residents of continuous servicesDr Abd Rauf Named Selangor’s Tokoh Maulidur Rasul 2024Obstruction of justice raps eyed vs. KOJC execs, lawyersDozens Of Malaysian Holiday-Goers Can’t Cross To Thailand Due To Passport Issues, Tax ArrearsLawyer seeks to nullify Comelec rule on party-list nomineesHalal Certification Report To Be Presented To Cabinet This Wednesday – Mohd Na’imOil prices down for 3rd straight weekMalaysia Day: Leaders Rally Malaysians With Messages Of Unity, PatriotismOver P9.3-M aid released to families hit by ‘habagat’ in W. VisayasTuanku Muhriz Expresses Regret, Sadness Over Reports Of Child ExploitationFish Conservation Week emphasizes sustainability, food security‘Sa Pwesto ni Pistong’ wins big in 1st Bacolod Film FestivalSadorra leads PH to victory over Slovenia in Chess OlympiadSwiss investors keen on exploring investment opportunities in Nam Dinh province: workshopPCG probes ‘undocumented’ Chinese crew of PH dredging vesselNearly 1.1 trillion VND raised for Yagi-hit victimsComelec processes over 500K voter reactivation applicationsTyphoon Yagi wrecks Quang Ninh’s aquacultureSenate OKs expanded college equivalency, accreditation programOver 40,000 Brave Downpour For Malaysia Day Celebration In Kota Kinabalu‘One Visayas’ tour seen to advance E. Visayas tourismBiker Injured By Falling Tree In JitraPDEA eyes dog breeding, training program for K9 unitsTengku Zafrul Urges Mahkota Outstation Voters To Return For Polling DayHouse taps PNP to capture Harry RoqueHusband Urge Police To Find Foreign Spouse Who Ran Away With DaughterCourt win shows govt’s commitment vs. illegal drugs – DOJPolitical Experts Hail Anwar’s Success In Maintaining Unity GovernmentPangasinan arts fest features indigenous lullabies, creativesClubs Must Tackle Wage Arrears Or Risk Legal, Reputation Fallout, Say ExpertsSC affirms cancellation of An Waray registration as party-list groupSingle Mother’s Time Management Skills Key To Raising Eight Successful ChildrenMMDA Ortigas satellite office to ease settling of documents, finesEx-cop Uses Kite Flying To Promote Crime-fighting AgendaCIDG seizes P19-M illegal LPG tanks in CaloocanMalaysia Needs To Elevate TVET To Shine At China WSC In ShanghaiLawmaker: Fast-track implementation of PhilHealth coverage hikesShifts In Monsoon Season Pattern, Intensity Complicate Flood ManagementKoreans rule World DanceSport Federation Cebu Open 2024Sarawak Mufti Recipient Of National-level Anugerah Perdana Malidur RasulW. Visayas schools shift to alternative learning due to bad weatherEx-GISB Followers To Be Called Up To Assist In Probe, Report To Be Submitted To MKI – Mohd Na’imPalace hosts countdown concert for PH hosting of FIVB in 2025Muslims Should Continue Making Prophet Muhammad ‘Uswatun Hasanah’ – PM AnwarOFW remittances up by over 3% in JulyOverseas Vietnamese in Singapore enjoy Mid-Autumn Festival
Wed. Sep 18th, 2024

TNB Signs PPAs With Prai Power, Panglima Power


KUALA LUMPUR, Tenaga Nasional Bhd (TNB) today signed power purchase agreements (PPAs) with Malakoff Corporation Bhd’s subsidiary, Prai Power Sdn Bhd, and Panglima Power Sdn Bhd.

In a filing with Bursa Malaysia today, TNB said Prai Power will continue to operate and maintain a 350 megawatt (MW) combined cycle gas turbine (CCGT) facility at Seberang Prai Tengah, Penang, within the vicinity of the Prai Power Station while Panglima Power will continue to operate and maintain a 710MW CCGT facility at Teluk Gong, Alor Gajah, Melaka.

The filing said the PPAs govern the obligations of the parties to sell and purchase energy generated by the facilities for a year with an option to extend for an additional one year (subject to system requirement) from the commercial operation date, which is expected on Sept 1 this year for Prai Power, and Sept 15 for Panglima Power, as per the agreed terms and conditions as stipulated in the respective PPAs.

TNB added that the signing of the PPAs will not affect the issued and paid
-up share capital and major shareholders’ shareholdings of TNB, It will also not affect TNB’s earnings over the term of the PPAs since the generation cost is fully passed-through under the Incentive Based Regulation mechanism.

Meanwhile, in a separate statement, Malakoff Corporation said the operation date commencing on Sept 1 will ensure a stable and reliable energy supply to meet the current rising demand while simultaneously enhancing energy security with a safe and sufficient reserve margin.

Its managing director and group chief executive officer Anwar Syahrin Abdul Ajib said the execution of this new PPA for Prai Power Plant is the most economically viable and fastest solution to support the national grid while enabling the plant to continue its operations within its remaining service life.

Source: BERNAMA News Agency

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