Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Update TNB selected as preferred bidder for major power plant job

Go down

Update TNB selected as preferred bidder for major power plant job Empty Update TNB selected as preferred bidder for major power plant job

Post by Cals Tue 16 Jul 2013, 21:06

Update TNB selected as preferred bidder for major power plant job
Business & Markets 2013
Written by Chong Jin Hun of theedgemalaysia.com
Tuesday, 16 July 2013 18:30

KUALA LUMPUR (July 16): The Energy Commission has selected TENAGA NASIONAL BHD [] (TNB) as the preferred bidder for the proposed development of a 1,000 megawatt power plant in Manjung, Perak.

In a statement to the exchange today, TNB said the coal-fired power plant comes under the commission's "Fast Track Project 3A’ international competitive bidding scheme.

"Following to that, TNB has been invited to enter into negotiations in respect of the bid, the project documents and the proposed offset programme.

"The letter of award for the said project will be issued upon successful completion of the negotiations," TNB said.

The power plant which will take 45 months to build, is expected to begin commercial operations on October 1, 2017, according to TNB.

Cals
Cals
Administrator
Administrator

Posts : 25277 Credits : 57721 Reputation : 1766
Male Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum