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Nusantara
How Tenaga Nasional Bhd. effort so many power? Is it from oil or natural resources converted to energy?

QUOTE
Malaysia's national power company to export power to Indonesia: Report

KUALA LUMPUR (AP): Malaysia's state-owned power utility Tenaga Nasional Bhd. plans to start laying submarine cables by the end of this year to export power to neighboring Indonesia, by 2008, a news report said Saturday.

The project is estimated to cost some 1 billion ringgit (US$2.66 million), to be shared by Tenaga and its Indonesian counterpart Perusahaan Listrik Negara, the New Straits Times newspaper reported.

The cables would cover a distance of 46 kilometers (29 miles) across the Malacca Strait, between peninsular Malaysia and Sumatra, the report said.

The feasibility study has been completed, the paper quoted Tenaga Chief Executive Che Khalib Mohamad Noh as saying. "We are in the midst of shortlisting financial and legal advisers," Che Khalib said.

Tenaga officials could not be reached for further details.

Tenaga is seeking ways to raise sales to reduce its debts, totaling 29.9 billion ringgit (US$7.9 billion). The company already exports power to another neighboring country, Thailand. (**)
forrestcat
Tenaga Nasional is the biggest power company in South East Asia yet so many debts.
(headache)
Lint
Petroleum plants i.e oil and gas although everyone in msia seems to think their power comes from a few hydroelectric plants in the cameron highlands sure.gif
Iron Malayan
They better make sure they export at market price; and not at subsidized rate Malaysians are getting.
61% of Malaysian power generation capacity is powered by natural gas.This is such a waste of precious commodity because natural gas should be exported as LNG or at least at the market price of USD8 per million BTU. By turning our natural gas into electricity instead, the govt have to sell gas at a subsidised rate of USD1.60 per million BTU and the govt have to pay to companies 10 billion Ringgit every year to compensate for low selling price of gas to power plants.

http://www.epu.jpm.my/new%20folder/develop...M8/c11_cont.pdf

Malaysians' demand for fuel and power subsidies are clearly making the economy of Malaysia appear smaller than it should be; not to mention keeping their own salary scale low by world standard.That is something most Malaysians have so far failed to realize.

Cheap imported coal can generate the same amount of electricity at much lower cost than natural gas.We can also generate significant amount of cheaper power with hydro power and oil palm waste.

QUOTE
In 2001, the average electricity production cost for nuclear plants was 1.68 cents per kWh; for coal-fired power plants, 1.80 cents per kWh; for oil, 4.93 cents; and for natural gas, 6.08 cents. http://www.nei.org/index.asp?catnum=4&catid=305


QUOTE
In 2002, the cost (in cents per kWh) of electric generation from nuclear energy was lower (1.76 cents) than coal (1.79), oil (5.28). Or gas (5.69). These costs include fuel, operation, and maintenance, but not capital costs. http://www-formal.stanford.edu/jmc/progress/nuclearnow.html


The natural gas we use for power generation would add around five billion US Dollars to the Malaysian economy if converted to LNG and exported at prevailing price. This in turn would indirectly add another five or six billion US Dollars from other sectors of the economy such as services and manufacturing

but instead, this same natural gas are making our country lose 2.6 billion US Dollars in subsidies. thumbsdown.gif thumbsdown.gif thumbsdown.gif
Nusantara
Indonesia already remove oil subsudized few weeks back, only kerosene still subsidize little bit till now. I think they are going to be not subsidzed too early this year.

There is nothing can be get from oil and gasoline subsidised overall only benefit for very few people.
forrestcat
QUOTE (Iron Malayan @ Jan 9 2006, 03:36 AM)
They better make sure they export at market price; and not at subsidized rate Malaysians are getting.
61% of Malaysian power generation capacity is powered by natural gas.This is such a waste of precious commodity because natural gas should be exported as LNG or at least at the market price of USD8 per million BTU. By turning our natural gas into electricity instead, the govt have to sell gas at a subsidised rate of USD1.60 per million BTU and the govt have to pay to companies 10 billion Ringgit every year to compensate for low selling price of gas to power plants.

http://www.epu.jpm.my/new%20folder/develop...M8/c11_cont.pdf

Malaysians' demand for fuel and power subsidies are clearly making the economy of Malaysia appear smaller than it should be; not to mention keeping their own salary scale low by world standard.That is something most Malaysians have so far failed to realize.

Cheap imported coal can generate the same amount of electricity at much lower cost than natural gas.We can also generate significant amount of cheaper power with hydro power and oil palm waste.
The natural gas we use for power generation would add around five billion US Dollars to the Malaysian economy if converted to LNG and exported at prevailing price.  This in turn would indirectly add another five or six billion US Dollars from other sectors of the economy such as services and manufacturing

but instead, this same natural gas are making our country lose 2.6 billion US  Dollars in subsidies. thumbsdown.gif thumbsdown.gif thumbsdown.gif
*


Oh yeah.......good idea.

Let the government get richer and waste the money on crap and we pay the price.
Iron Malayan
QUOTE (forrestcat @ Jan 9 2006, 03:10 AM)
Oh yeah.......good idea.

Let the government get richer and waste the money on crap and we pay the price.
*

Gradual abolishment of gas and power subsidies will drive elctricity tariff and inflation rates higher which in turn would lead to larger upward revisions of Malaysian salary scale.

Instead of appeasing certain cheapskate industries who are too dumb to compete without subsidies, public money should be channeled towards building the country as well as to acquire Super Hornet fighters and more submarines.

Its a win-win situation for both the people and the govt.
forrestcat
^ these wise words will never reach the ears of our government.
Lint
win-win?

but the pollys want to be the only ones winning embarassedlaugh.gif
caramel
QUOTE (Iron Malayan @ Jan 9 2006, 05:36 AM)
61% of Malaysian power generation capacity is powered by natural gas.
*


Such a waste of natural resources. *shakes head*
Bohemian
Selangor dan Sumatera Barat Tandatangani Kotrak Kerja Sama

PADANG - Sebelas kontrak kerja sama antara Pemerintah Selangor, Malaysia, dan Pemerintah Provinsi Sumatera Barat ( Pemprov Sumbar), Sabtu (7/1), ditandatangani. Kerja sama kedua belah pihak yang melibatkan puluhan pengusaha Selangor tersebut meliputi bidang perdagangan, pariwisata, perikanan, pertanian, kelistrikan, infrastruktur, perkebunan, pendidikan, pertambangan, dan peningkatan sumber daya manusia (SDM).

"Pemerintah Selangor siap bekerja sama dalam berbagai bidang dengan mengutamakan prinsip saling menguntungkan. Mari kita berkongsi mencari kebahagiaan melalui apa-apa yang bisa kita kerjakan bersama-sama," kata Menteri Besar Selangor, Dato' Seri Dr HM Khir bin Toyo, kepada wartawan, Minggu (8/1), di Padang.

Dikatakan, Selangor dengan penduduk mencapai tujuh juta jiwa merupakan negeri terkaya di Malaysia, dengan pendapatan per kapita mencapai US$ 11.900. Saat ini, Selangor menguasai 40 persen industri di Malaysia. Bahkan, dalam hal produksi perikanan, Selangor menguasai 90 persen dari total produksi perikanan. "Hari ini, kami bawa hampir 100 pengusaha handal dari Selangor untuk kongsi dengan pengusaha dan pemerintah Sumatera Barat. Mudah-mudahan dapat sama-sama untung dan Sumbar bisa maju menyamai Selangor nantinya," kata Dato' Seri.

Sementara itu, Gubernur Sumbar H Gamawan Fauzi, SH MM mengatakan, saat ini kondisi perekonomian dan tingkat kesejahteraan Sumbar masih berada jauh di bawah Selangor. Pendapatan per kapita Sumbar baru US$ 900. Kendati demikian, dengan keseriusan dan kerja keras para pelaku usaha daerah, bukan tidak mungkin Sumbar juga mampu mencapai pendapatan seperti yang diperoleh masyarakat Selangor.

Menurutnya, Sumbar mempunyai banyak kelebihan berupa potensi seperti bidang perikanan dan kelautan, terdiri dari 14.000 hektare (ha) tambak udang dan 10.000 ha tambak ikan kerapu serta daerah tangkap ikan tuna. Pertanian seperti sayur-sayuran organik dan perkebunan buah-buahan yang selama ini diekspor ke Singapura. "Kita akan berdayakan seluruh potensi ini, melalui kerjasama yang telah disepakati akhir pekan lalu, untuk meningkatkan perekonomian masyarakat Sumbar," katanya. (BO/W-8)
forrestcat
QUOTE (caramel @ Jan 9 2006, 11:33 PM)
Such a waste of natural resources. *shakes head*
*


BTW, since the electricity tariff is being increased next year, maybe we'll see the the subsidy on natural gas reduced. I also heard recently that TNB will try to incorporate coal in 30% of its power generation since we now have loads of coal under Sarawak.

Besides selling electricity to Sumatera, wasn't Malaysia suppose to sell electicity via submarine cable from the Bakun dam to Japan. What's the status with the project?
Iron Malayan
QUOTE (forrestcat @ Jan 11 2006, 05:50 AM)
Besides selling electricity to Sumatera, wasn't Malaysia suppose to sell electicity via submarine cable from the Bakun dam to Japan. What's the status with the project?
*

Bakun hydropower capacity is sufficient to power two large aluminium smelters. It would be much better if they build a copper refinery next to the proposed aluminium smelter to consume the power generated by Bakun.

Now after three years of negotiations, they still have not even selected the consortium to build the aluminium smelter. madgo.gif madgo.gif

QUOTE
GIIG Capital may opt to build smelter in Bintulu

Updated : 06-12-2005
Media : Malay Mail

GIIG Capital Sdn Bhd plans to build a US$2 billion (RM5.56 billion) aluminium smelter plant in Bintulu, instead of in Similajau, as earlier planned, people familiar with the matter said yesterday.

The closely-held GIIG is controlled by tycoon Tan Sri Syed Mokhtar Al-Bukhary and Mohammed Ali Rashed Alabbar, the former chairman of United Malayan Land Bhd.

Under the plan, GIIG・s proposed aluminium smelter will buy up to 1,000MW of power generated by the Bakun hydroelectric dam, or slightly above two-fifths of the dam・s power.

Bintulu was picked by GIIG due to its port facilities, and also because it is located near an industrialised zone, but the plan may face objections from the authorities, as it wants to even up the development projects within the state.

Similajau was picked by the Sarawakians due to its close proximity to the Bakun dam, and also because they want to bring development to the interior parts of the vast state.

GIIG・s unit, Smelter Asia Sdn Bhd, under its original plan had also proposed to set up the smelter in Similajau, but the plan had collapsed by July 2004, after the Government refused to sell 280 hectares to Smelter Asia.

The Sarawak State Government didn・t proceed with the deal with Smelter Asia, because at that point of time, the Federal Government was reviewing, with a view of downsizing the RM9 billion Bakun dam.

Also by then, GIIG・s 2003 agreement to buy 60 per cent of state-owned Sarawak Hidro Sdn Bhd, which is building the Bakun dam has lapsed, as it didn・t meet certain obligations.
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