Appointment of Asdirhyme Abdul Rasib as CEO of Malaysia's MyPower Corporation announced
New Leadership at MyPower Corporation Amidst Energy Sector Shifts
Asirhyme Abdul Rasib has been appointed as the new CEO of Malaysia's MyPower Corporation, effective from early July 2025 [2]. This change comes at a time when the energy sector in Malaysia is undergoing significant transformations.
MyPower Corporation, a special-purpose agency incorporated in 2011, is tasked with organizing key reforms under the Malaysian Electricity Supply Industry (MESI) initiative [4]. The MESI initiative aims to enhance the reliability, transparency, efficiency, and sustainability of electricity supply operations in Peninsular Malaysia.
The appointment of Asdirhyme, who previously served as the undersecretary of sustainable energy at the Ministry of Energy Transition and Water Transformation (Petra), is timely as Malaysia is actively restructuring its energy sector. This restructuring includes the exploration of new power sources such as nuclear energy, as part of the broader energy transition [3].
In line with this, MyPower Corporation has entered into a non-disclosure agreement with Rosatom Energy Projects, a Russian state atomic agency, to advance knowledge sharing for nuclear energy development [1]. The agreement between the two entities is aimed at fostering collaboration and innovation in the nuclear energy sector.
In a related development, the Energy Commission, responsible for regulating electricity and piped gas supply in Peninsular Malaysia, is currently in the process of restructuring electricity tariffs [6]. While specific details about tariff changes were not found, the restructuring likely reflects the changing cost structure of power generation with new energy sources coming online.
It is worth noting that the Malaysian government has affirmed there will be no decision to go nuclear before 2030 [5], indicating a gradual and carefully planned energy transition. This transition might be part of a larger restructuring of electricity tariffs in Peninsular Malaysia.
Previously, Siti Safinah Salleh, the former CEO of MyPower, was appointed to lead the Energy Commission earlier this year [7]. Siti Safinah had also assumed the role of executive director at the Asean Centre for Energy (ACE), in line with Malaysia's Asean chairmanship this year.
The electricity tariff restructuring in Peninsular Malaysia is part of a larger context. The restructuring comes amid a major restructuring of electricity tariffs by the Energy Commission, which is aimed at promoting a more sustainable and efficient energy sector [8]. The restructuring includes a reduction in network and retail charges, but large energy users such as data centers face higher grid costs as part of the tariff restructuring [9].
The Malaysian government's decision to reconsider the nuclear energy programme, which had been shelved following the 2018 cessation of operations by the Malaysia Nuclear Power Corp., is a testament to the country's commitment to a diverse and sustainable energy mix [10].
In conclusion, the appointment of Asdirhyme Abdul Rasib as the new CEO of MyPower Corporation marks a significant milestone in Malaysia's energy sector. The ongoing restructuring of electricity tariffs and the exploration of new power sources such as nuclear energy underscore the country's commitment to a sustainable and efficient energy future.
References:
- Malaysia's MyPower Corporation and Rosatom Energy Projects to collaborate on nuclear energy
- Asdirhyme Abdul Rasib appointed as new CEO of MyPower Corporation
- Malaysia to explore nuclear energy as part of 13th Malaysia Plan
- MESI initiative: Enhancing electricity supply operations in Peninsular Malaysia
- No decision on nuclear power before 2030, says Malaysian government
- Energy Commission to restructure electricity tariffs in Peninsular Malaysia
- Siti Safinah Salleh appointed as CEO of the Energy Commission
- Energy Commission's tariff restructuring aims to promote a more sustainable and efficient energy sector
- Network and retail charges lowered, but large energy users face higher grid costs
- Malaysia to revive nuclear energy programme
- Under Asdirhyme Abdul Rasib's leadership, MyPower Corporation is poised to play a significant role in Malaysia's energy transition, as the company navigates the restructuring of the electricity sector and pursues clean energy sources like nuclear energy.
- The ongoing collaboration between MyPower Corporation and Rosatom Energy Projects signifies a step towards fostering innovation in the nuclear energy sector, aligning with global goals for sustainable development (SDG).
- The restructuring of electricity tariffs in Peninsular Malaysia is a noteworthy policy-and-legislation development, aimed at promoting a more sustainable and efficient energy sector for the region's businesses.
- The Malaysian government's commitment to a diverse and sustainable energy mix is evident in its decision to reconsider the nuclear energy program, which aligns with the broader energy transition and the United Nations' SDG targets.
- Finance and investment in the energy sector will play a crucial role in the successful implementation of the energy transition, as industries shift towards cleaner and more efficient energy sources, driven by business and political decisions.
