Malaysia appoints Asdirhyme Abdul Rasib as the new CEO of MyPower Corporation
In a significant move, Malaysia's MyPower Corporation has appointed Asdirhyme Abdul Rasib as its new Chief Executive Officer, effective 23rd June 2025 [1]. Abdul Rasib, who previously served as the undersecretary of sustainable energy at the Ministry of Energy Transition and Water Transformation (Petra), is expected to lead MyPower in its mission to address structural issues across the electricity value chain, including generation, transmission, distribution, and retail.
MyPower Corporation, a special-purpose agency incorporated in 2011, is tasked with organizing key reforms under the Malaysian Electricity Supply Industry (MESI) initiative. The MESI initiative is a long-term reform framework aimed at enhancing the reliability, transparency, efficiency, and sustainability of electricity supply operations in Peninsular Malaysia [2].
Regarding the electricity tariff restructuring in Peninsular Malaysia, while specific details are not explicitly provided in the search results, broader context indicates that MyPower Corporation is involved in Malaysia’s energy transition and renewable energy commercialization efforts. By mid-2025, MyPower Corp has been appointed by the government as part of efforts toward renewable energy deployment; this could imply evolving tariff mechanisms linked to supporting green energy and sustainable development targets set by Malaysia [4].
No recent official announcements on tariff restructuring details, such as changes in electricity rates or subsidy adjustments, were found in the given search results. The focus in the sources is more on leadership and energy capacity expansion rather than tariff policy specifics.
For comprehensive current tariff restructuring details, it may be necessary to consult official Malaysian energy regulatory websites or governmental communications beyond the current search scope.
Meanwhile, the Malaysian government is also showing interest in reviving its nuclear energy programme as part of its energy mix [3]. In line with this, MyPower Corporation has signed a non-disclosure agreement with Russian state atomic agency Rosatom Energy Projects for knowledge sharing in nuclear energy development [5]. Rosatom Energy Projects is a division of the Russian state atomic energy corporation, Rosatom.
In another development, Siti Safinah Salleh, who was the CEO of MyPower, has been appointed to lead the Energy Commission in February [6]. The Energy Commission, responsible for regulating electricity and piped gas supply in Peninsular Malaysia, is currently undertaking a major restructuring of electricity tariffs.
Network and retail charges have been lowered, but large energy users such as data centres face higher grid costs [7]. This situation highlights the need for a comprehensive approach to electricity tariff restructuring, as advocated by MyPower Corporation under the MESI initiative.
References: 1. MyPower Corporation Appoints New CEO 2. MESI Initiative Overview 3. Malaysia's Nuclear Energy Programme 4. MyPower's Role in Renewable Energy Deployment 5. MyPower-Rosatom Energy Projects Agreement 6. Siti Safinah Appointed as Energy Commission CEO 7. Grid Costs for Large Energy Users
- Under Asdirhyme Abdul Rasib's leadership at MyPower Corporation, the company aims to further the energy transition, aligning with the United Nations' Sustainable Development Goals (SDGs) and promoting sustainability through the expansion of clean energy.
- In the context of business, MyPower Corporation and Rosatom Energy Projects, a division of the Russian state atomic energy corporation, have signed a non-disclosure agreement for knowledge sharing in nuclear energy development, indicating a broader strategy towards diverse energy sources.
- Amidst the Energy Commission's restructuring of electricity tariffs, MyPower Corporation's focus on a comprehensive approach to tariff restructuring, as advocated by the Malaysian Electricity Supply Industry (MESI) initiative, could potentially address the disparity between reduced network and retail charges for small users and increased grid costs for large energy users such as data centres.
