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BUSINESS

Thong Guan transitions into 100 per cent renewable energy

22/07/2022 05:22 PM

ALOR SETAR, July 22 (Bernama) -- Thong Guan Industries Bhd has embarked on 100 per cent renewable energy for its electricity supply at its polyethylene packaging production plants.

In a statement today, the company said this was made possible through the Green Electricity Tariff (GET) programme, launched by the Ministry of Energy and Natural Resources in partnership with TNBX Sdn Bhd, a wholly owned subsidiary of Tenaga Nasional Bhd (TNB), in November 2021.

Its GET subscription started in the first quarter of this year, which positioned the company as the largest GET subscriber in Kedah and among the top 10 in Malaysia.

Thong Guan group managing director Datuk Ang Poon Chuan said that through the GET subscription, the company is able to meet its environmental, social and governance (ESG) commitments on carbon footprint reduction.

“We hope our contribution will create awareness among our customers and the public on the importance of low carbon products while we support the growth of the local renewable energy industry,” he said.

Through its GET subscription, Thong Guan is expected to save 74,456 tonnes of total carbon dioxide emissions annually, equivalent to greenhouse gas emissions released by 16,000 passenger cars driven annually.

Meanwhile, TNB chief retail officer Datuk Megat Jalaluddin Megat Hassan said since GET was made available in December 2021, the response has been most encouraging.

“The allocated 4,500,000 MWh (megawatt hour) quota was fully subscribed in four months. The majority was taken up by the industrial sector at 61 per cent, including Thong Guan, which has undertaken an annual subscription of 116,520 MWh,” he said.

-- BERNAMA

 


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