Genting releases China coal-fired power plant
PETALING JAYA: Genting Bhd 's 49% owned indirect joint-venture company, SDIC Genting Meizhou Wan Electric Power Company Ltd (SDICG MZW), has handed over its 2x393MW subcritical coal-fired Meizhou Wan Power Plant (MZW Phase I), to Fujian Investment & Development Group Co Ltd on June 30.
In a statement, Genting said the handover marked the company's strategy in moving away from further investments in coal-fired power projects, supporting its long-term commitment to building a cleaner, more sustainable energy portfolio.
The MZW Phase I has been operating since Jan 1, 2004 under a 21.5-year build-operate-transfer power purchase deal.
SDICG MZW will continue to own and operate the 2x1,000MW ultra supercritical coal-fired Meizhou Wan power plant (MZW Phase II) following the handover.
Notably, MZW Phase II has more advanced generation technology and has been complying with all relevant environmental regulatory requirements since it started operations in 2017.
Genting noted that while it will no longer pursue new coal-fired projects, it will continue to manage the operations of its existing coal-fired power assets responsibly until the end of their operational life.
'This prudent and balanced approach allows the company to manage its legacy assets responsibly,' the group said in a statement yesterday.
Aligned with this strategic direction, Genting's power division remains focused on evaluating and identifying high-potential investment opportunities in the renewable and clean energy sectors that support the global energy transition.
This commitment is evidenced by recent developments under the power division, including the joint venture with SDIC Power Holdings Co Ltd in the 120MWp Dongwucha aquaculture-complementary solar power plant in China. Genting Bhd's shares closed slightly higher at RM3.08 apiece yesterday.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Sun
4 days ago
- The Sun
RMAF to assess 38 Kuwaiti F/A-18 Hornets in September
KUALA LUMPUR: The Royal Malaysian Air Force (RMAF) is set to dispatch a technical team to Kuwait in September to inspect 38 F/A-18 Legacy Hornet fighter jets offered to Malaysia. RMAF Chief General Datuk Seri Muhamad Norazlan Aris confirmed that the mission has received official approval from the United States, the aircraft's country of origin, granting access to critical documentation and maintenance records. 'The team will evaluate the jets on-site over two to three weeks. These are used aircraft, so we must assess long-term viability, particularly maintenance requirements. There's no point in acquiring a large fleet if we can't maintain them for operational readiness,' he said during a press briefing at the Subang Air Base. The delivery schedule hinges on the Kuwaiti Air Force's transition to its new F/A-18E/F Super Hornets. 'If they receive four new jets, four Legacy aircraft will be released to us, and so on,' he explained. Senior RMAF officials, including Deputy Chief Lt Gen Datuk Nur Hafis Abdul Karim and Air Operations Commander Lt Gen Datuk Masro Kaliwon, were present at the event. – Bernama
The Star
4 days ago
- The Star
RMAF to assess 38 Legacy Hornet jets in Kuwait in September
KUALA LUMPUR: The Royal Malaysian Air Force (RMAF) will send a technical team to Kuwait in September to assess 38 F/A-18 Legacy Hornet fighter jets offered to Malaysia. RMAF Chief General Datuk Seri Muhamad Norazlan Aris ( pic ) said that the mission received official approval from the United States, the country of origin of the aircraft, which then allowed access to documentation and maintenance records. "The team will evaluate the jets on-site over two to three weeks. These are used aircraft, so we must assess long-term viability, particularly maintenance requirements. "There's no point in acquiring a large fleet if we can't maintain them for operational readiness,' he told reporters after delivering his inaugural address as RMAF Chief at the Subang Air Base on Wednesday (July 23). He added that delivery timelines would depend on when the Kuwaiti Air Force receives its new fleet of F/A-18E/F Super Hornets. "If they receive four new jets, four Legacy aircraft will be released to us, and so on,' he said. Also present were RMAF Deputy Chief Lt Gen Datuk Nur Hafis Abdul Karim, Air Operations Commander Lt Gen Datuk Masro Kaliwon, Air Education and Training Commander Lt Gen Datuk Muhammad Tarminzi Mustapha and Air Support Commander Maj Gen Ahmad Khusairi Ahmad Fadhli. - Bernama
The Sun
15-07-2025
- The Sun
Panasonic Malaysia launch next-gen air conditioning series
MODERN lifestyles today demand more from Malaysians – from managing higher living costs to safeguarding health and navigating environmental issues such as haze. In response, Panasonic Malaysia is stepping up to deliver meaningful innovations that truly serve the local lifestyle. Today, the company unveiled its latest breakthrough – the new X-Premium Inverter Series, a next-generation two-in-one smart air conditioning solution that seamlessly combines powerful cooling with advanced air purification, delivering round-the-clock indoor air protection for healthier, more comfortable living. The new X-Premium Inverter series reflect Panasonic's corporate vision to 'Create Today. Enrich Tomorrow' by supporting holistic well-being for people, society and the planet, said the company. 'With a heritage of over 100 years of trusted quality and reliability, Panasonic continues to build on its legacy of innovation. Inspired by Japan and proudly Made in Malaysia for over 50 years, Panasonic's homegrown experience enables the company to understand and respond to the needs of Malaysian consumers better than anyone else in the market.' It added that the new X-Premium Inverter Series is more than just a cooling appliance. Panasonic Air-Conditioning Malaysia (PACMY) chief operating officer Dai Nishi said it underscores Panasonic's belief that clean air is essential – not just for comfort, but for overall well-being. As Malaysians spend more time indoors, air quality plays a vital role in protecting health, creating a more comfortable, stress-free living space. 'We understand the pressures Malaysians face today, from the rising cost of living to ongoing health concerns and the need for peace of mind in an increasingly fast-paced world. These everyday realities inspired us to create the tagline 'BeyondTheCool' – a reflection of Panasonic's commitment to meeting real needs, not just with cooling, but with a complete solution. The new X-Premium Inverter Series delivers energy efficiency alongside sustainable, health-focused technologies — thoughtfully designed to create better spaces to live, work and breathe, every day. 'Panasonic is committed to providing better indoor air quality, shaped by a deep understanding of local lifestyles and guided by the spirit of Japanese Quality: Omotenashi (thoughtful care), Mottainai (respect for resources) and Monozukuri (craftsmanship and quality). This is how we bring Japanese excellence to life, through innovations that are reliable, relevant and rooted in the wellbeing of our customers.' Smart innovation for cleaner, healthier indoor living Designed to support better living in Malaysian homes, the new X-Premium Inverter series feature Panasonic's Clean Air Technologies with the latest advancements in purification, comfort and smart sensing. At the heart of this new series is the nanoe X Generator Mark 3, which produces 48 trillion hydroxyl radicals per second, enabling it to inhibit pollen and deodorise odours four times faster than to the previous generation. Nishi said: 'Backed by over 100 tests, our nanoe X technology has been proven effective in tackling odours, bacteria and viruses, mould, allergens and pollen, with added benefits of skin and hair moisturisation. These results are certified by reputable in-house and independent experts. This is especially beneficial for households with young children, seniors or individuals with respiratory sensitivities. These capabilities make the X-Premium Inverter series an essential smart appliance during Malaysia's haze season, ensuring cleaner, safer air all year round.' Complementing the air purification process is the Inside Cleaning On Demand feature, which actively cleans the interior of the unit by removing residual moisture. The system also incorporates an Anti-Dust Cross Flow Fan to prevent internal dust accumulation, while nanoe X continues to suppress pollutants. Together, these features inhibit up to 99% of bacteria, viruses, and mould, enhancing both cleanliness and durability of the unit. To help Malaysians gain insight into their air quality at home, the unit features a Clean Air Indicator, a three-colour real-time display that monitors air quality levels and responds accordingly. Equipped with a Dust Sensor that detects particles as small as PM2.5 and an Odour Sensor that identifies common smells like cooking, garbage, tobacco, body and pet odours, the system allows users to intuitively understand and manage the air around them. In addition to clean air, energy savings remain a key priority for Malaysians. The X-Premium Inverter Series is built for energy efficiency, featuring a high Cooling Seasonal Performance Factor (CSPF) with a five-star energy rating, helping Malaysians with electricity cost savings by consuming up to 58% less energy compared to non-inverter models. Nishi added: 'This product is truly unique as it reflects our deep understanding of Malaysian homes and lifestyles. For over 50 years, we've been producing air conditioners right here in Malaysia, supported by a local R&D centre that helps us respond quickly to the needs of Malaysian families. Our commitment doesn't stop at purchase. We have 12 Panasonic air-conditioning service centres and 95 authorised Home Service teams across Malaysia that are always ready to provide reliable, ongoing support, whenever and wherever it's needed.' 'Hidup Mesti Chill' campaign for everyday calm To support the product launch, Panasonic Malaysia is also introducing the 'Hidup Mesti Chill' campaign, 'a meaningful initiative that reminds Malaysians to stay calm and take care of their mental well-being amidst life's everyday stresses. Through clean, cool, and healthy indoor environments, Panasonic aims to create moments of peace and comfort that matter.' As part of this, Panasonic Malaysia is running a special consumer campaign called 'Hidup Mesti Chill dengan nanoe X', where four lucky winners will stand a chance to win a grand prize of one year's subsidised electricity worth RM10,000, along with Panasonic home appliances and Toucn 'n Go eWallet credit. The campaign runs until Oct 31, 2025. The new X-Premium Inverter Air Conditioner series is now available at Panasonic's authorised dealers and Panasonic Malaysia online store with a retail price starting at RM 2,801. All Panasonic Inverter Air Conditioners come with a three-year warranty on general parts, as well as a five-year warranty on the compressor unit. For more information, visit the Hidup Mesti Chill campaign website here.
