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    Home » TNB, Keppel, and SP PowerAssets drive ASEAN’s multilateral power trade
    https://btw.media/it-infrastructure/us-power-cos-cite-data-centres-as-key-cause-of-electricity-hike/
    https://btw.media/it-infrastructure/us-power-cos-cite-data-centres-as-key-cause-of-electricity-hike/
    Company Stories

    TNB, Keppel, and SP PowerAssets drive ASEAN’s multilateral power trade

    By 霏March 17, 2025No Comments3 Mins Read
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    • TNB has signed an agreement with Keppel Electric to supply up to 100MW of electricity, strengthening ties between Malaysia and Singapore.
    • The agreement is part of the LTMS-PIP, aiming to enhance energy security and sustainability in ASEAN.
    • TNB has also signed a Cross-border Power Trade Interconnection Agreement with SP PowerAssets, ensuring stable electricity transmission.

    TNB partners with Keppel to supply electricity to Singapore

    Tenaga Nasional Berhad (TNB) has entered a strategic partnership with Keppel Electric Pte. Ltd. (Keppel) to supply up to 100MW of electricity, enhancing cross-border energy trade between Malaysia and Singapore. The agreement is part of the larger Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP), which focuses on improving energy security and sustainability in the ASEAN region. By leveraging existing interconnections, this partnership enables a seamless flow of electricity, positioning Malaysia as a key player in the regional energy landscape. The deal also supports ASEAN’s broader goals of advancing energy integration and reducing reliance on fossil fuels, paving the way for a more sustainable energy future across Southeast Asia.

    Also read: Japan foresees 35-50% electricity demand surge by 2050, banking on renewables

    Agreement reinforces Malaysia’s role as regional energy hub

    The agreement between TNB and Keppel Electric reinforces Malaysia’s growing importance as an energy hub within ASEAN. TNB President and CEO, Datuk Ir. Megat Jalaluddin Megat Hassan, highlighted the agreement’s alignment with ASEAN’s energy goals, stressing TNB’s role as a vital player in the ASEAN Power Grid (APG). This partnership not only advances cross-border power trade but also strengthens Malaysia’s leadership in regional energy connectivity. As the ASEAN region moves towards greater energy integration, TNB’s commitment to supporting energy security and the transition to cleaner energy sources is crucial. Malaysia’s growing involvement in powering data centres and energy-intensive industries underscores its central role in regional energy infrastructure development.

    Also read: US power cos cite data centres as key cause of electricity hike

    TNB expands cross-border energy connectivity with SP PowerAssets

    In addition to the agreement with Keppel Electric, TNB has also signed a Cross-border Power Trade Interconnection Agreement with SP PowerAssets Limited. This agreement guarantees stable electricity transmission between Malaysia and Singapore, further promoting energy stability and efficiency in the region. As ASEAN faces rising energy demand, this collaboration is vital to ensuring reliable and efficient power exchange between the two countries. TNB’s ongoing investments in grid modernisation, including the integration of smart grid technologies and renewable energy sources, underscore its commitment to enhancing regional energy security. Through these initiatives, TNB aims to lead the way in ASEAN’s transition towards a more interconnected and sustainable energy future.

    ASEAN Keppel Tenaga Nasional Berhad
    霏
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    Fei is a journalist at BTW Media, specialising in internet governance and IT infrastructure, with a focus on interviewing leaders in the technology industry. Holding a Master of Science degree from the University of Edinburgh, Fei is currently working in Europe. If you have the latest industry trends that you’d like to share with BTW Media, please feel free to reach out via email at f.wang@btw.media.

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