KUALA LUMPUR: Aditia1Energy Sdn Bhd signed a memorandum of understanding (MoU) with Southdale Resources Sdn Bhd and PT Exploitasi Energi Indonesia Tbk for the supply, delivery and sale of coal to Malaysia.
Aditia1Energy is a potential coal supplier to TNB Fuel Services Sdn Bhd, which is a wholly-owned sub-sidiary of Tenaga Nasional Bhd (TNB).
Southdale, which co-owns a 4,500-acre brown-field coal conces-sion in Myanmar with a 660MW coal-fired power plant license, is an exclusive coal agent to PT Exploitasi for the supply of coal from Indonesia to Malaysia.
Aditia1Energy executive director Datuk Ahmad Mukriz said the three companies planned to forge a close and active relationship to supply, deliver, and sell up to three million tonnes of the comodity to TNB Fuel each year fot the purpose of generating electricity. – Bernama
Source : The Star, 11 October 2012