Investment Opportunities in Power Sector in Malaysia

Abdul Razak bin Abdul Majid, Chairman of Energy Commission talks about the investment opportunities in power sector in Malaysia.

He says, “Sure, because as much as we are growing at 3 or 4%, there is a need to bring in more capacity as well as to replace some capacities which are ageing by now, to bring in new technologies which will mean more efficient plants or to upgrade plants for environmental reasons. We believe that we are taking all of this into account and as we plan for capacity renewal, we are also looking into our fuel mix. We are considering what we want to use, whether it be coal or gas or hydro or renewables etc. These are options that we have and we will try to make sure that there is always a factor of fuel security and fuel mix in the generation system.”

Full Interview Available – Energy in Malaysia: Electricity Consumption Growing 3.5% per Annum