Malakoff’s Tanjung Bin Energy Power Plant achieves COD
PETALING JAYA: Malakoff Corp Bhd’s 1,000MW coal-fired Tanjung Bin Energy Power Plant (TBE) achieved its commercial operation date (COD) yesterday.
The successful commissioning of TBE marks another significant milestone for Malakoff, increasing its multi-fuel portfolio net generating capacity in Peninsular Malaysia from 5,346MW to 6,346MW or from about 24% to 29% market share, respectively.
“It further reaffirms Malakoff’s position as the leading Independent Power Producer in Malaysia,” Malakoff said in a statement yesterday.
Malakoff expects TBE to contribute and enhance the profitability of the group for the financial year ending Dec 31, 2016 and thereafter.
The plant, which was given the notice to proceed in March 2012, achieved its first synchronisation to the national grid on its 42nd month, namely on Oct 15 2015, and has completed all the required tests for safe and reliable energy generation to date.
TBE is located on a 65ha site adjacent to Malakoff’s existing 2,100MW coal-fired Tanjung Bin Power Plant (TBPP). Both power plants share common infrastructure such as coal-handing facilities, power evacuation, sea-water intake and other access facilities.
The operator of TBE is Malakoff Power Bhd (MPB), also a wholly-owned subsidiary of Malakoff, via an operation and maintenance agreement signed between MPB and TBE for 25 years. TBE boasts 100% utilisation of local skilled workers.