2024 | Quarter 3

Gas Malaysia Drives Energy Efficiency & Reduces Carbon Footprint with CHP Solutions

Gas Malaysia Berhad (Gas Malaysia), a member of MMC Group, remains steadfast in its commitment to solidify its position as a provider of innovative energy solutions through its Combined Heat and Power (CHP) technology. CHP system, also known as Cogeneration, generates both electricity and heat from a single fuel source. This technology is particularly beneficial for industrial sector customers who require both electricity and thermal energy, such as steam or hot water.

As part of its ongoing efforts in this venture, Gas Malaysia organised a working visit for analyst and media to the Combined Heat and Power (CHP) plants in Seberang Prai, Penang on 11 July 2024. The visit aimed to provide insights into how the plants efficiently generates electricity and captures waste heat to produce useful thermal energy. In addition to energy efficiency, CHP also contributes towards reducing carbon footprint.

Gas Malaysia Energy Advance Sdn Bhd (GMEA), a joint venture between Gas Malaysia Berhad and Tokyo Gas Engineering Solutions Corporation (TGES), is spearheading the CHP business. GMEA operates three plants with a combined capacity to generate 41.7 MW of electricity 165 tph of steam and 1,684 kW of hot water. With a potential to reduce about 72,261 tonnes of carbon dioxide per year, the CHP system is projected to make a significant contribution to Gas Malaysia's customers sustainability pledge. This effort aims to foster a greener future as industries place greater emphasis on adopting environmentally responsible business practices.

Ahmad Hashimi Abdul Manap, Group Chief Executive Officer of Gas Malaysia stated, "We are pleased to showcase our CHP plants in Prai to the media and analyst partners. This working visit aims to enhance their understanding of our business and foster better-informed opinions, precisely about CHP. Additionally, it enables us to address any uncertainty relating to the business and align with our stakeholder's expectation."

Gas Malaysia's 10-year business strategy, also known as GM32, is structured to foster long-term sustainable growth, ensuring that the company's business and operations evolve in a manner that are both environmentally responsible while continuing economic viability. The CHP venture is a key component of this strategy, as it capitalises on an increasing industry demand due to business entities recognising its environmental benefits.

corporatecomm@mmc.com.my