Malaysia: TNB's Jimah project on track for completion by December 2019

Malaysia: TNB's Jimah project on track for completion by December 2019

The construction of the RM12bil Jimah East Power (JEP) plant in Jimah, Port
Dickson is on track and is expected to be completed as scheduled by December
2019.

In a statement, Tenaga Nasional Bhd (TNB) said more than 40% of the
greenfield project, also known as Project 3B, was completed since its first
concrete pouring in July 2016.

TNB owns 70% of the project through the acquisition of Edra Global Energy
Bhd's stake in JEP from 1Malaysia Development Bhd (1MDB) in July 2015.

The remaining 30% stake in JEP is equally owned by TNBs strategic partner,
Japanese conglomerate Mitsui and Co Ltd and one of the Japanese biggest
regional power utilities, Chugoku Electric Power.

Two coal-fired units with 1,000 MW capacity each are being constructed at
the site, which is strategically located and is crucial to the security of
power supply in Peninsular Malaysia.

The units will add 2,000 MW of generation capacity and will eventually
increase Malaysia's generation capacity from the current 22,748 MW to 26,940
MW by the end of 2020. The JEP project will expand TNB's operational
portfolio of high-value generation assets from two to four
ultra-supercritical coal plants.

The other two plants are 1,000 MW Manjung 4 and 1,000 MW Manjung 5. These
efficient plants are part of TNB's efforts to reduce fuel expenditure in
times of rising cost.

The addition of JEP will further strengthen TNB's domestic and international
generation capacity, as well as operational track record.

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Link to Original Article:
http://www.thestar.com.my/business/business-news/2017/03/27/tnbs-jimah-proje
ct-on-track-for-completion-by-december-2019/

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com