TNB New 2,100 MW Kapar Power Plant, Fortifies Energy Transition Agenda
Tenaga Nasional Berhad (TNB) through its wholly owned subsidiary, TNB Power Generation Sdn Bhd (TNB Genco) has received a Letter of Intent (LoI) from the Ministry of Energy and Natural Resources for the development of a 2,100 MW Combined Cycle Power Plant in Kapar, Selangor.
The project will be carried out in collaboration with Widad Business Group Sdn Bhd and is scheduled to achieve a Commercial Operation Date by 2031.
The new plant will use clean technology to support TNB’s accelerated Energy Transition plan which is driven by the Group’s net zero emissions aspiration by 2050 and TNB’s target to reduce its coal generation capacity by 50% and carbon emission intensity by 35% in 2035.
TNB President and Chief Executive Officer, Dato’ Indera Ir. Baharin Din said the project has an estimated investment of RM9.5 billion and is projected to deliver an Earnings Before Interest & Tax (EBIT) of approximately RM400 million per annum.
For more detail: File