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UOB reiterates to support transition to cleaner energy | Daily Express Online

Published on: Friday, April 16, 2021
By: Bernama
1,200 megawatt combined-cycle gas turbine power plant in Pulau Indah, Selangor.
Kuala Lumpur: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has reiterated its commitment to help the country’s transition to cleaner energy by supporting power plants with lower environmental impact and financing natural gas and solar projects in the country.
In a statement Thursday, UOB Malaysia said the bank was a co-financier in a Commodity Murabahah Term Financing-i facility for the recently-announced 1,200 megawatt combined-cycle gas turbine power plant in Pulau Indah, Selangor.
“Upon completion in 2024, the power plant is expected to meet the demand in the Klang Valley in a more sustainable manner because a natural gas power plant has higher energy efficiency and emits 50 to 60 per cent less carbon dioxide per kilowatt-hour than a typical coal plant,” it said. ....

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UOB Malaysia reiterates commitment to support country's transition to cleaner energy

KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has reiterated its commitment to help the country's transition to cleaner energy by supporting power plants with lower environmental impact and financing natural gas and solar projects in the country. ....

Kuala Lumpur , Peninsular Malaysia , Malaysia General , Sungai Siput , Pulau Indah , Energy Commission Of Malaysia , United Overseas Bank Malaysia Bhd , United Overseas Bank , Commodity Murabahah Term Financing I , Klang Valley , Large Scale Solar , Energy Commission , Sinar Kamiri Power Plant , Kenyir Gunkul Power Plant , Uob Malaysia , Power Plants , Natural Gas , Solar Project , குவாலா லம்பூர் , தீபகற்பம் மலேசியா , மலேசியா ஜநரல் , புலௌஉ இங்தா , ஆற்றல் தரகு ஆஃப் மலேசியா , ஒன்றுபட்டது ஓவர்‌ஸீஸ் வங்கி மலேசியா ப்ட் , ஒன்றுபட்டது ஓவர்‌ஸீஸ் வங்கி , கிளாங் பள்ளத்தாக்கு ,