TNB in collaboration with Lada to reduce carbon emissions

KUALA LUMPUR: Tenaga Nasional Bhd (TNB), through its green energy solutions subsidiary, GSPARX Sdn Bhd will collaborate with the Langkawi Development Authority (Lada) to reduce its carbon emissions through the installation of solar photovoltaic panels at the Dermaga Tanjung Lembung Complex in Langkawi.

GSPARX is expected to install a 363kWp solar photovoltaic (PV) system at the Dermaga Tanjung Lembung Complex, and depending on the agreement, the electricity bill savings achieved by LPSB after the installation would be between RM87,000 to RM244,000 in the first year, and between RM5mil and RM7.4mil over 25 years.

Langkawi Port Sdn Bhd (LPSB), a Lada subsidiary, is the operator of the Dermaga Tanjung Lembung Complex. — Bernama

Article type: free
User access status:
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

China's industrial profits growth accelerates in Oct
New COVID variant Omicron triggers global alarm, market sell-off
Top US diplomat for Asia to visit Malaysia and three other ASEAN countries
Oil settles down US$10/bbl in largest daily drop since April 2020
Black Friday draws US shoppers but many shun stores for online
Stocks tumble on new coronavirus variant fear
China traders ramp up leverage in bet PBoC to stay on sidelines
Indonesia jobs law ruling may dim investment outlook
Investing in a tough 2022
Surging dollar awakens volatility in currency markets

Others Also Read