is championing two (2) RE projects and is a partner in one RE project,as follows: Phase 1 of the project will be developed by TNB Genco at the Temengor and Chenderoh hydro reservoirs. Feasibility studies will also be conducted for the Terengganu and Kelantan schemes for the remaining project phases. Upon the commissioning of all phases, the annual emissions avoidance is estimated at 3.364 million tCO2e. ii. Championing 5 x 100MW (150MWp) Centralised Solar Parks in Partnership with SMEs The centralised parks, co-developed by TNB in partnership with SMEs, will consist of a 100MW (150MWp) deployment per site across five (5) sites in several states. For each 100MW park, the emissions avoidance is estimated at 110 KtCO2e per year for 25 years. iii. Partnership with Sime Darby for RooftopSolar TNB has entered into a partnership with Sime Darby Property for the construction of 4.5MW solar capacity across 450 homes in the City of Elmina, a township in Sungai Buloh, Selangor, and Bandar Bukit Raja, Klang, Selangor. Carbon avoidance is estimated at 7,992 tCO2e per year. SUSTAINABILITY STATEMENT Sec 3 75 Thermal power plants can significantly curtail carbon emissions by optimising their fuel consumption, ensuring that less fuel is employed to produce an equivalent amount of electricity. The efficiency of a thermal power plant is typically measured using a parameter called “heat rate” or “thermal efficiency”. A lower heat rate indicates a more efficient power plant because it means that less fuel is required to produce each unit of electricity. We continue to monitor and implement initiatives to improve thermal power plant efficiency, aiming to sustain the efficiency at its designed level. Our efforts have produced a commendable enhancement of the efficiency (heat rate) of thermal power plants in the TNB portfolio, registering an improvement of +1.12% from 2022 to 2023. The resulting carbon emissions reduction was 301 KtCO2e. With the myTNB mobile app, customers with smart meters are further empowered to embrace an energy