Deputy Prime Minister Fadillah Yusof announced that independent energy producers can start selling electricity directly to consumers from September.
Fadillah, who also serves as the Energy Transition and Water Transformation Minister, stated that Putrajaya will implement this third-party access in the electricity supply industry starting in September, according to FMT.
He added that an official announcement will be made in July, two months before enforcement.
Other parties can supply energy to their own customers without going through or buying from Tenaga Nasional. They can supply power generation themselves and supply directly to their customers but will need to rely on TNB’s transmission lines.
Deputy Prime Minister Fadillah Yusof
Initially planned for next year, this initiative was expedited due to the high interest of foreign investors in setting up data centres in Malaysia, which require significant energy sources.
This includes interest from Chinese companies and major players like Amazon and Microsoft, with the latter planning to invest RM10.5 billion in cloud and artificial intelligence infrastructure in Malaysia over the next four years.