TNB president/CEO Datuk Seri Azman Mohd: TNB will invest RM2.7bil into the Grid of the Future technologies."
KUALA LUMPUR: Tenaga Nasional Bhd
(TNB) will invest RM2.7bil into the “Grid of the Future” technologies that help improve the grid’s reliability and efficiency, says its president/CEO Datuk Seri Azman Mohd.
He said on Tuesday the RM2.7bil would be from the RM18.8bil capital investment in transmission and distribution grid secured under the second Regulatory Period (2018-2020).
TNB would continue to invest in digitisation and automation as well as improve its performance and reliability, he said.
“These include the scheduled deployment of 340,000 smart meters in Melaka and subsequent deployment of an additional 1.2 million smart meters in the Klang Valley,” he said in a statement at the power giant's 28th Annual General Meeting here.
Chairman, Tan Sri Leo Moggie said TNB was taking advantage of digital and technological innovations for its generation and grid operations, as well as introduce products and services beyond the meter.
He said that inefficient ageing plants have been decommissioned and replaced with more efficient and economical plants. The current gold standard in coal-fired power plants, namely ultra-supercritical technology, was being used for newer plants.
Coal-fired power plants, using the ultra-supercritical technology has improved efficiency of 40% compared with 36% efficiency from conventional pulverised coal firing system.
“Our 70% owned Jimah East Power Plant is on track to begin operations in 2019. The plant, TNB’s third that uses the ultra-supercritical technology, will generate 2,000MW of electricity.
“This will increase TNB’s share of Malaysia’s generation capacity to 53.2% from the present 51.8%, thus contributing towards the stability of the National Grid system,” Moggie said.
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