On 20 September 2024, Single Buyer and Tenaga Nasional Berhad (TNB) held a signing ceremony at TNB Platinum for an agreement between TNB and Singapore’s Keppel Electric Pte. Ltd. (Keppel) to supply up to 100MW of electricity through existing interconnections. This milestone underscores the strengthening of energy cooperation between Malaysia and Singapore and forms part of the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP), aimed at enhancing energy security and sustainability across ASEAN.
The signing ceremony was attended by key representatives from Ministry of Energy Transition and Water Transformation (PETRA), Suruhanjaya Tenaga, TNB, Energy Market Authority, Keppel, and SP PowerAssets Limited. The agreement was signed by Datuk Ir. Megat Jalaluddin bin Megat Hassan and Keppel Managing Director, Ms. Janice Bong, witnessed by TNB Company Secretary, Mr. Ali Munawar Salim and Keppel Assistant Managing Director, Mr. Andrew Toh.
TNB’s role in the ASEAN Power Grid supports the region’s energy interconnectivity and multilateral power trade. These efforts are crucial as Malaysia becomes a key player in powering data centres and energy-intensive sectors in the region. TNB also signed a Cross-border Power Trade Interconnection Agreement with SP PowerAssets Limited to ensure stable electricity transmission between Malaysia and Singapore. These initiatives support ASEAN’s broader energy transition, prioritising interconnectivity and grid efficiency as the region faces growing energy demand. TNB’s continued investment in grid modernisation, including smart grid technologies, interconnections and RE integration, ensures that Malaysia remains at the forefront of ASEAN’s journey toward deeper energy integration and long-term energy security.
