TNB Fuel Services Sdn Bhd (TNBF), a wholly-owned unit of state-controlled utility giant Tenaga Nasional Bhd (TNB), has come up with a new set of rules and regulations that requires companies bidding for its coal carriage contracts to also own vessels. TNBF, which has the mandate to import coal for power plants in Malaysia, is understood to have met about 40 executives from 15 companies late last month to explain its plans. The actual implementation date is set for later this year.
