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Global | 24 Nov 2014

Ormazabal strengthens ties with TNB

 Recently a significant representation of Ormazabal, led by Enrique López, General Director for Asia, Jorge Gonzalez, General Director of Ormazabal, and the President of Velatia, Javier Ormazabal, held a meeting in Malaysia with the country's most important utility, Tenaga Nasional Berhad (TNB).

This follows on from the meeting held in Bilbao (Basque Country) in December 2013 for the signing of the creation agreement of the joint venture, TSG Ormazabal, the purpose of which is the assembly of cpg switchgear for primary distribution in Malaysia.

Present at the meeting was the President and CEO of TNB, Dato' Ir. Hj. Azman bin Mohd, who in addition to showing interest for the concept of smart grids to be applied to his grids for a pilot project, highlighted the significant role that Malaysia plays in the Asian region, which has now increased with the creation of the ASEAN (Association of Southeast Asian Nations) free-trade area made up of Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei Darussalam, Vietnam, Laos, Cambodia and Burma. The purpose of the free-trade area agreement is to achieve the free movement of products in the region. From 2015, Malaysia will be in charge of the presidency of said association for six months.

For more than 20 years Ormazabal has had a very close relationship with Malaysia, where we have installed more than 60,000 units. We aim to convert this country into our operations centre for Southeast Asia, starting with the opening of an office in Malaysia in the coming months.