Malakoff power plant unaffected despite fire at conveyor belt


RAM Ratings said Malakoff has demonstrated its financial support for Tanjung Bin Energy via six-monthly equity injections

KUALA LUMPUR: Malakoff Corporation Bhd's Tanjung Bin energy power plant was unaffected despite a fire had occurred on Monday morning which involved the conveyor belt carrying coal.

Malakoff said the fire occurred at 6am and it was an isolated incident. It did not affect the 1,000MW power plant itself.

“The Fire and Rescue Department was deployed on scene and the fire was contained within one hour,” it said in a statement.

Malakoff said the situation is under control and all relevant authorities have been informed and an investigation was  on going.

“The incident is not expected to affect the operations of TBE as it is currently undergoing a scheduled outage from March 31, 2019 to June 9, 2019.

“The fire incident did not affect the operations of the adjacent 2,100MW Tanjung Bin Power Plant,” it said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trading ideas: RHB, Axiata, Yinson, Affin, Kimlun, AWC, Pansar, DC Healthcare, AwanBiru, Systech, Auro, Bursa Malaysia, HeiTech Padu, AmFirst REIT and Sin-Kung Logistics
EPF Account 3 draws concerns over dividends
Central bank governor unfazed by peso slump
Developers gearing up for higher sales
Kimlun wins RM150mil deal from Astaka
Systech gets shareholders’ nod for capital exercise
Huawei starts new smartphone Pura 70 sale amid scrutiny on chips
Smart Asia en route for listing on ACE Market
IGB-REIT likely to maintain organic growth
State-owned enterprises achieve milestone in key HSR construction

Others Also Read