Near Future Energy Initiatives ENVIRONMENT INITIATIVES Solar Energy BothMSMPrai and SBWare identified as viable locations to install the Solar Photovoltaic (PV) system. Preliminary visits to these sites have been conducted by interested vendors to ascertain the feasibility and capacity of the PV system. The estimated allowable capacity for MSM Prai and MSM SBW is up to the range of 2.3MWp and 0.7MWp, respectively. Upon successful engagement of appropriate vendors via an open tender process, installation and commissioning is expected to be completed by the third quarter of 2022.We foresee a possible reduction of 10% of current purchased electricity cost. Biomass Biomass is an alternative energy source which we are considering for our operations. Feasibility studies were conducted by consultant and experts in FY2020 to install a biomass plant at MSM Johor. The environmental effects of locating a biomass plant in the vicinity of a food grade plant was identified as a major concern, along with other logistics issues. We are now studying the prospects of locating the biomass plant at an external site, and have initiated a joint study with FGV R&D on the prospects of utilising their resources to materialise the biomass plant using empty fruit bunch as the fuel source to commercially produce electricity and supply to the grid. Alternative renewable energy source such as biogas is also being discussed and considered for green energy. Energy Audit Plans are underway to establish a comprehensive Sustainable Energy Management System (SEMS) in FY2022 to cover all sites including MSM Prai, the SBW and MSM Johor. This will involve a preliminary energy audit to ascertain the current overall energy management status. Subsequently, we will work on preparing the group-wide energy policy, establishing energy management organisation, establish the documentation system and targets as well as conduct audits to monitor the progress. We are targeting to achieve the Energy Management Gold Standard 1-star rating, awarded by ASEAN Energy Management Scheme by the second quarter of 2023. WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOWWE OPERATE MSM Malaysia Holdings Berhad ANNUAL INTEGRATED REPORT 2021 138
RkJQdWJsaXNoZXIy NDgzMzc=