TNB inks cross border power deal

PETALING JAYA: Tenaga Nasional Bhd (TNB) has inked an agreement with Singapore’s Keppel Electric Pte Ltd to supply up to 100MW of electricity in an aim to enhance energy cooperation between the two countries.

In a statement, the Malaysian utility company said the agreement is part of the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP) that aims to streng-then energy security and sustainability within the region.

TNB chief executive officer (CEO) Datuk Ir Megat Jalaluddin Megat Hassan said as a key player in the Asean Power Grid (APG), the utility company is committed to advancing energy security and leading the region’s energy transition.

“This agreement not only supports cross-border power trade but also reinforces Malaysia’s leadership in regional energy connectivity.”

The CEO said TNB’s role in the APG will support the region’s energy interconnectivity and multilateral power trade, as these efforts are crucial to Malaysia as it becomes a key player in powering data centres and energy-intensive sectors.

According to TNB, it signed a cross-border power trade interconnection agreement with SP PowerAssets Ltd to ensure stable electricity transmission between Malaysia and Singapore.

Megat Jalaluddin said these initiatives not only support Asean’s broader energy transition but also prioritise interconnectivity and grid efficiency as the region faces growing energy demand.

“TNB’s continued investment in grid modernisation, including smart grid technologies, interconnections and renewable energy (RE) integration, ensures that Malaysia remains at the forefront of Asean’s journey toward deeper energy integration and long-term energy security.”

Earlier this month, Malaysia and Indonesia formed a joint task force to boost RE initiatives while advancing the APG.

The task force is meant to explore the feasibility of a joint green industry between Sarawak and Kalimantan.

Other than TNB, representatives from the Energy Commission and the state of Sarawak will be a part of the task force while Indonesia will be led by a senior official of the Coordinating Ministry for Maritime Affairs and Investment.

Last year, TNB inked a deal with key players in Vietnam as well as Laos to strengthen the APG interconnectivity.

TNB said it would offer its services such as operations and maintenance, and maintenance, repair, and overhaul.

The deal is also set to explore investment opportunities in renewables and off-take opportunities through the Laos-Thailand-Malaysia Power Integration Project.