Power generation firms to face more competition

The research firm does not anticipate similar situation to Singapore where competitive pressure on the power generation sector dragged the whole sector into the red.

PETALING JAYA: With the government’s push towards renewable energy, large power generation companies, including Tenaga Nasional Bhd (TNB), would be affected as they face increasing risk of capacity replacement.

This is because, each large-scale solar (LSS) capacity is only up to 100MW for their expiring power purchase agreements (PPAs), while each player is only allowed to bid up to three LSS for every tender program.