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    EXTENSION OF POWER PURCHASE AGREEMENT FOR SUNGAI PERAK HYDROELECTRIC POWER STATIONS


    September 7, 2022 - InPR

     

      Tenaga Nasional Berhad (TNB) through its wholly owned subsidiary, TNB Power Generation Sdn. Bhd. wishes to announce that it has received a letter from the Energy Commission informing TNB that the existing Power Purchase Agreement (PPA) of Sungai Perak Hydroelectric Power Plants which comprise of six (6) stations with total capacity of 649.10MW has been extended for five (5) years starting from 1 September 2022 till 24 August 2027.

      The extension of the PPA will not have any effect on the issued and paid-up share capital and the substantial shareholders' shareholdings of TNB and will have a neutral impact on the earnings of TNB.

      None of the Directors or Major Shareholders of TNB and/or persons connected with any of them has any interest, direct or indirect, in relation to the abovementioned.

      This announcement is dated 7 September 2022.

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