Malaysia

The Malaysian government has approved the electricity tariff restructuring for Sabah and the Federal Territory of Labuan with effect from July 15.

Shipping : Malaysia’s lifeline Shipping, which transports 90 per cent of global trade, holds economic and environmental advantage over other modes of transport. Hence, the reliance on ocean shipping is expected to rise with increasing trade volume. Seaborne transportation is a key facilitator of Malaysia’s trade-oriented economy. This is underlined by the fact that an estimated 95 percent of the country’s trade is carried via seaborne means. Malaysia contributed 12.44 mil. DWT (deadweight tonnage) or 1.07% to world merchant shipping tonnage, and in MISC, it has the world’s largest owner-operator of LNG tankers.

Robert Bosch plans to invest MYR2.2 billion or US$727.4m to set up a solar panel manufacturing plant in Penang, Malaysia.

Sinohydro denied accusations it used unsafe construction methods to build Malaysia's Bakun dam.

In order to help lessen the increasing demand of the state, GE (NYSE: GE) will support the Kilmanis Power plant for 18 years.

Tenaga Nasional Bhd does not foresee a need to buy power from Singapore-based PowerSeraya Ltd beyond June 15.

Malaysia's Tenaga Nasional will buy 180MW of power from Singapore's PowerSeraya until 15 June.

CIMB Group Holdings Bhd says its private equity infrastructure unit, CapAsia, is investing US$50mil for a 12.9% shareholding in Kazakhstan's vertically-integrated power utility holding company Central Asian Electric Power Corp (Caepco). In a statement, it said the investment, done via CapAsia's Islamic Infrastructure Fund, seeks to fund Caepco's extensive long-term investment programme to improve and upgrade the existing plants and distribution networks, to enhance energy efficiency, and to reduce harmful emissions.  

Kimanis Power  for the construction of the 300MW combined-cycle gas-turbine power plant in Sabah, Malaysia.

Sarawak Energy Berhad and Sarawak Hidro Sdn Berhad have agreed on the main terms of the power purchase agreement for electricity produced by Bakun hydro dam.

Malaysia is seen to have good potential in renewable energy on account of its plentiful resources.

Malakoff is confident that it has the capacity to undertake the construction of a new 1,000 MW coal-based power plant at Tanjung Bin, Johor, on competitive pricing.

Alstom will engineer, procure, construct and commission a 1,000MW steam turbine, a generator, a supercritical boiler and auxiliaries for upercritical coal-fired power plant in Manjung, Malaysia. The power generation equipment worth over €650 million.

Tenaga Nasional Berhad will build a 300MW gas-fired power station in Sabah.

Premium Renewable Energy of Malaysian selected Enverget to perform the engineering design for a project that will use Envergent's RTP® Rapid Thermal Processing technology. It will convert palm biomass to renewable heat and electricity.

The government will decide on the concessionaire for the country's second 1,000-megawatt coal-fired power plant in June.