Malaysia: TNB acquires 51% stake in 1.4 GW gas-fired project

Malaysia: TNB acquires 51% stake in 1.4 GW gas-fired project

Malaysia's national power utility Tenaga Nasional Bhd (TNB) has entered into
a sale and purchase agreement with its partner SIPP Energy to acquire a 51%
stake in Southern Power Generation from SIPP Energy.

Southern Power Generation is a special purpose vehicle company for the Pasir
Gudang power project, a 1,440 MW gas-fired CCGT project (two 720 MW units)
in Johor. The project is expected to be commissioned in July 2020.

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Link to Original Article:
https://www.enerdata.net/publications/daily-energy-news/tnb-acquires-51-stak
e-14-gw-gas-fired-project-malaysia.html

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com