Japan supports construction of Malaysian coal-fired power plant
The Japan-based Mitsui & Co., Ltd, together with the Malaysian
State-owned 1Malaysia Development Berhad (1MDB) will team up to
construct and operate a 3.3 billion USD coal-fired power generation
project located in Negri Sembilan state, Malaysia.
The Japan-based Mitsui & Co., Ltd, together with the Malaysian
State-owned 1Malaysia Development Berhad (1MDB) will team up to
construct and operate a 3.3 billion USD coal-fired power generation
project located in Negri Sembilan state, Malaysia.
This is the first time the Malaysian Government has allowed a foreign investor to participate in a power generation project in the country, following international bidding for various projects first introduced in Malaysia in July 2012.
According to a press release issued by the Japanese firm, the construction of the 2,000 MW plant will begin within 2014.
Once finished in 2018, the plant will sell electricity to the national power utility, Tenaga Nasional Berhad under the Power Purchase Agreement for a 25-year term, the document said.
Mitsui will supervise the construction and operation of the project by leveraging its experts’ abundant experience in the overseas power business.-VNA
This is the first time the Malaysian Government has allowed a foreign investor to participate in a power generation project in the country, following international bidding for various projects first introduced in Malaysia in July 2012.
According to a press release issued by the Japanese firm, the construction of the 2,000 MW plant will begin within 2014.
Once finished in 2018, the plant will sell electricity to the national power utility, Tenaga Nasional Berhad under the Power Purchase Agreement for a 25-year term, the document said.
Mitsui will supervise the construction and operation of the project by leveraging its experts’ abundant experience in the overseas power business.-VNA
You should also see
Prime Minister receives ASEAN Secretary-General
Prime Minister Pham Minh Chinh on April 23 hosted a reception for ASEAN Secretary-General Kao Kim Hourn who is paying a working trip to Vietnam and attending the ASEAN Future Forum (AFF) 2024 from April 21-24.
See more
World
Thailand re-considers tourism tax
Thai tourism operators are urging the Thai government to seriously consider measures to tackle overtourism. One of the proposed measures is a tourism tax of 300 baht (8.11 USD).
World
Ten crew members killed after two Malaysian navy helicopters collide
Ten people have died after two navy helicopters collided in mid-air during a military rehearsal for a Royal Malaysian Navy parade.
World
Indonesian Constitutional Court rejects petitions against presidential election results
The Indonesian Constitutional Court on April 22 rejected all petitions regarding the country’s presidential election results filed by two presidential candidates - Anies Baswedan-Muhaimin Iskandar and Ganjar Prabowo-Mahfud M.D.
ASEAN
ASEAN youth empowered to unleash potential: ASEAN chief
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
World
Malaysian official urges collective efforts in plastic waste fight
A Malaysian official has underlined the importance of collective efforts, particularly by the public, in promoting the use of reusable bags and reducing single-use plastics in the fight against plastic waste.
