<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 14): Tenaga Nasional Bhd’s unit has obtained approval from the Energy Commission to refurbish Sungai Perak hydroelectric power plants with a capacity of 650.75MW.</p></div>

<div class=newsTextDataWrapInner><p>TNB said the project, dubbed Hydro Life Extension Programme, involves six power stations&nbsp;comprising 18 units, with refurbishment works commencing in 2024.</p></div>

<div class=newsTextDataWrapInner><p>The first unit is expected to be in commercial operation in 2025 under the new 40-year power purchase agreement, said the utility giant in a stock exchange filing on Friday (Oct 14).</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The project will retain the dominant&nbsp;presence of TNB in Malaysia’s hydropower sector, with a cumulative generating hydro capacity of 2,661MW,” the group said, but did not mention the amount of investment required in this project.</p></div>

<div class=newsTextDataWrapInner><p>Nonetheless, TNB said the project is expected to be earnings accretive.</p></div>

<div class=newsTextDataWrapInner><p>Shares of TNB closed four sen or 0.5% lower at RM8.03 per share on Friday, giving it a market capitalisation of RM46.2 billion.<br />
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<em>Read also:<br />
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KUALA LUMPUR (Oct 14): Tenaga Nasional Bhd’s unit has obtained approval from the Energy Commission to refurbish Sungai Perak hydroelectric power plants with a capacity of 650.75MW.

TNB gets approval to refurbish Sg Perak hydropower plant

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