KUALA LUMPUR: The one-year extension of Edra Power Holdings Sdn Bhd's power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) received conditional approval from the Energy Commission (EC).
In a statement, Edra said that its subsidiary, Panglima Power Sdn Bhd, received conditional approval from the EC on July 23, 2024.
“This extension, effective from September 15, 2024, ensures the ongoing operation of Telok Gong Power Station 2 (TGPS2), a combined cycle gas turbine (CCGT) power plant with a capacity of 705 megawatts (MW),” the company said.
First commissioned in 2002, TGPS2 will continue to utilise its advanced F-class gas turbines in a 2-on-1 layout.
Prior to being powered up, the plant underwent a comprehensive series of inspections and tests, including evaluations of the gas turbines and steam turbine, testing of generators and transformers, protection relay calibration, and the commissioning of the balance of plant (BOP).
“The powering up of TGPS2 on Malaysia Day is a proud moment for us. In tribute to this special day, we are honoured that TGPS2 has successfully completed its recommissioning in just 45 days after a 17-month shutdown following the expiration of the original PPA, and thus allowing us to continue meeting the nation's rapidly growing grid demand in a cost-effective way,” president and executive director Zhong Xianjue said.
He added that the PPA extension is expected to contribute positively to the company’s future earnings and strengthen its strategic position in the country’s energy industry.
This milestone also marks a significant step for Edra in supporting Malaysia's National Energy Transition Roadmap (NETR), which aims to achieve net-zero emissions by 2050.