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Nikkei Markets

Malalaysia's Petronas Dagangan: To Install 100 Vehicle Charging Stations By 2018

By Sarah Nadlin Rohim
Nikkei Markets
KUALA LUMPUR (Oct 12) -- Petronas Dagangan, the retailing arm of Malaysia's national oil and gas firm, said Thursday it plans to install 100 electric vehicle charging stations by 2018 in a tie-up with Tenaga Nasional and a state green technology firm.

Under the tripartite agreement, Petronas Dagangan will also install solar panels at select locations to power the charging stations, according to a joint statement. The plan follows a 2016 pact between Petronas Dagangan and Malaysia Green Technology Corporation which have installed 55 stations nationwide.

"We will continue to monitor market response from time to time and will not hesitate to increase the number of ChargEV stations should there be a rising demand for the facility," said Petronas Dagangan Chief Executive Mohd Ibrahimnuddin Mohd Yunus.
- By Gho Chee Yuan; Terence.Gho@nikkeinewsrise.com; 60320267363
- Edited by Abhijit Basu
- Send Feedback to feedback@NikkeiNewsRise.com
- Copyright (c) 2017 Nikkei NewsRise Asia Pte Ltd.

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