GMR Energy Limited and TNB Repair and Maintenance Sdn Bhd (TNB Remaco) have inked a MoU to collaborate and set up an O&M joint venture.
TNB Remaco is the repair and maintenance arm of Tenaga Nasional Berhad (TNB).
The O&M JV between GMR Energy and TNB Remaco will provide operation and maintenance services, performance improvement services, testing and diagnostic services and repair & refurbishment services for power plants in India. For this purpose, the JV plans to setup a refurbishment/ maintenance facility in India.
As per the 3 year MoU, GEL and TNB Remaco will identify business opportunities in the high potential Indian market, and provide operation and maintenance services to the power plants. This O&M JV is a logical business extension for GEL to leverage the significant O&M expertise of TNB. Through this JV, GEL and TNB Remaco will extend their technical expertise to the several power plants in India.[/vc_column_text]
