March-April , 2022 | @ green
ENERGY
15
Exciting times ahead
Sarawak and Singapore in energy partnership
A
DELEGATION from Singapore ’ s Energy Market Authority ( EMA ) and Ministry of Trade and Industry ( MTI ) recently made a courtesy call on Sarawak Premier Datuk Patinggi Abang Johari
Openg .
The Singaporean delegation was led by EMA chief executive Ngiam Shih Chun , according to the Sarawak Premier ’ s office . MTI ’ s Director of Energy Division Leow Lay May and EMA ’ s Director for Energy Connection Office Lee Seng Wai and Deputy Director for Energy Connection Office Tan Xin Yi were also present .
Sarawak Energy Berhad , led by Group CEO Datu Sharbini Suhaili ,
was also represented in the high-level delegation .
A discussion about the future path for shared renewable energy resources in the region was held at the meeting with the Premier , who is also the Minister for Energy and Environmental Sustainability .
Sarawak Energy , Malaysia ’ s largest renewable energy provider , is working on a feasibility study with Sembcorp Industries and SP Group to look into the possibility of a power interconnection between Singapore and Sarawak .
Counsellor ( Economics ) from the Republic of Singapore ’ s High Commission in Kuala Lumpur Lide Tay , Minister for Utility and Telecommunication Datuk Julaihi Narawi , Deputy Minister for Utility and Tele-
Abang Johari ( 7th left ) poses with the visitors from Singapore and Sarawak Energy officials .
communication ( Utility ) Datuk Dr Abdul Rahman Junaidi , and Deputy Minister for Energy and Environmental Sustainability Dr Hazland Abang Hipni were among those present at the courtesy call .
Sarawak Energy Vendor Awards 2021 recognises contract delivery excellence
ELEVEN VENDORS with outstanding performances in 2021 were recognised for excellence in contract delivery at the Sarawak Energy Vendor Awards 2021 ceremony held in Kuching .
The awards recipients were evaluated for their performance in health , security , safety & environmental excellence ( HSSE ), quality of work , delivery of services and integrity in the categories of ‘ Best Works ’; ‘ Best Supplier ’; ‘ Best Service Provider ’, ‘ Best Local Consultant ’, ‘ Best International Consultant ’, as well as ‘ Best Bumiputera Vendor ’ and ‘ Promising Bumiputera Vendor ’.
Premier of Sarawak , Datuk Patinggi Abang Zohari Openg officiated at the event .
He was joined by Sarawak Minister for Utility and Telecommunication , Datuk Julaihi Narawi ; Deputy Minister for Utility , Datuk Dr Abdul Rahman Junaidi ; and Deputy Minister for Energy and Environmental Sustainability Dr Hazland Abang Hipni .
Chairman Datuk Amar Abdul Hamed Sepawi represented Sarawak Energy ; Bumiputera Participation Board Committee Chairman and Board member Dato Idris Buang ; Group CEO Datu Sharbini Suhaili and the senior management team .
In his speech , Abdul Hamed said that Sarawak Energy aimed to recognise outstanding local and international vendors through the awards while strengthening vendor performance management mechanisms and fostering closer ties with the vendors .
“ Periodical vendor evaluations are vital to measure performance and help transformation and evolution . Sarawak Energy Vendor Award and Appraisal ( SEVAA ) programme also help us identify top performers and vendors who require assistance in closing identified gaps . We have seen improved ratings for vendors under the SEVAA programme this year , where almost 80 per cent are in the A and B ratings - a nine per cent increase compared to the previous year . This shows the effectiveness of this programme in improving the performance of our vendors ,” he said .
“ We also provide opportunities and competency building initiatives for Sarawak ’ s business community to maximise participation in our projects and services . This includes our vendor financing programme and collaborating with training providers , industries , and the relevant bodies to develop local vendors and workers to enhance project delivery performance .
“ Digitalisation is key to business resilience in today ’ s business environment . We rolled out Sarawak Energy e-Procurement ( SEPRO ) as our digital procurement platform in 2019 , which meant we could continue operating during the Covid-19 pandemic . Our vendor
Datuk Amar Abdul Hamed Sepawi , Chairman of Sarawak Energy delivering his address at Sarawak Energy Vendor Awards 2021 .
performance evaluation process under the SEVAA programme has also been integrated into SEPRO . All performance evaluations are now available within one single online platform – this is a more transparent and efficient vendor performance evaluation process .”
At the event , the ‘ Best Works ’ award categories recipients were Ody Enterprise and Mega Electrical Engineering Services .
Shorefield Sdn Bhd received the ‘ Best Bumiputera Vendor ’ award , while Faizal Engineering ( FBI ) Trading Limbang and Geoimpact Resources received the ‘ Promising Bumiputera Vendor ’ award .
For ‘ Best Service Provider ’ awards , the recipients were Melbourne Business School in Australia , Crest Business Solution Sdn Bhd and NIOSH Certification Sdn Bhd .
Pine Contract & Supplies received the ‘ Best Supplier ’ award , while Jurutera Azan Bersekutu received the ‘ Best Local Consultant ’ award . For ‘ Best International Consultant ’, the award was received by Vriens & Partners Pte Ltd .
SCC secures RM100m sustainabilitylinked loan
SABAH Credit Corporation ( SCC ) has secured an RM100 million sustainability-linked loan ( SLL ) in a revolving credit facility from CIMB Bank Berhad . This makes SCC the first statutory body from East Malaysia and the first financial institution in Malaysia to have secured a loan linked to sustainability performance targets ( SPTs ).
Through this SLL , SCC seeks to intensify its efforts to catalyse socioeconomic development in Sabah whilst demonstrating its firm commitment to driving measurable positive impacts in the community .
The SLL has been structured around two key performance indicators ( KPIs ) that are linked to SCC ’ s sustainability and socio-economic agenda in Sabah , with pre-agreed SPTs linked to each KPI .
The SPTs include the cumulative disbursement of loans / financing to the B40 segment and SCC ’ s contribution in local communities through its corporate social responsibility ( CSR ) foundation , Yayasan Perbadanan Pinjaman Sabah ( YPPS ). CIMB will grant a rebate against the loan interest if SCC achieves these SPTs .
George Taitim Tulas , CEO of SCC , said : “ SCC is pleased to have secured our maiden SLL from CIMB , which we believe will support our mission to improve the accessibility of financing facilities to Sabahans and drive socioeconomic growth in Sabah as we give back to the community .
“ The SLL has quantifiable targets which would provide greater transparency on our impact within the state , unlocking value for all our stakeholders . This is a significant milestone for SCC and demonstrates our readiness to embrace sustainable financing in driving our developmental agenda within Sabah .
“ We will also intensify our efforts to strengthen environmental , social and governance ( ESG ) integration across our business , which we are confident will ultimately help SCC to realise our mandate .” — @ Green