TNB to see RM2.3 billion in Laos energy deal returns from 2025
Tenaga Nasional Bhd and Electricite du Lao sign a memorandum of understanding to explore the potentials of hydropower in Laos. – The Malaysian Insight file pic, June 27, 2023.
It also has the potential to increase cross-border electricity trade in Asean and assist Laos to become the “Battery of Asia”. In addition to the MOU between TNB and EDL, the finance minister also witnessed the signing of two memoranda of cooperation . Based on the outcome of this cooperation, it is expected that cargo from Malaysia to Laos would increase by 40% or 1.2 million tonnes in the first year, and could potentially achieve a maximum of 2.4 million tonnes annually with revenue of RM120 million per year.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TNB to see RM2.3b returns from energy deal in Laos starting 2025This is by tapping hydropower potentials in the Asean country, it says.
Read more »
Zambry: Malaysia ready to assist Laos in preparing for 2024 Asean ChairmanshipVIENTIANE, June 26 — Malaysia is ready to assist Laos in preparing the country to take over the Chairmanship of Asean next year. Foreign Minister Datuk Seri Zambry Abdul Kadir...
Read more »
Foreign minister: PM Anwar’s official visit to Laos to strengthen Kuala Lumpur-Vientiane tiesVIENTIANE, June 26 — Prime Minister Datuk Seri Anwar Ibrahim’s two-day official visit to Laos beginning today is expected to strengthen ties between Kuala Lumpur and Vientiane...
Read more »
Lawatan PM ke Laos kembangkan pelaburan baharu Malaysialawatan itu memberi peluang kedua-dua negara membina momentum positif sebelum Laos mengambil alih Kepengerusian ASEAN
Read more »
PM Anwar arrives in Vientiane for two-day official visit to LaosVIENTIANE: Prime Minister Datuk Seri Anwar Ibrahim arrived here on Monday (June 26) for a two-day official visit to Laos to further strengthen bilateral relations and economic cooperation with the Asean member state.
Read more »