1MDB-Mitsui JV bags Project 3B power plant job (Update)


KUALA LUMPUR: The Energy Commission has awarded the Project 3B new coal-fired power plant with a capacity of 2 x 1000 MW to 1Malaysia Development Bhd-Mitsui Co. Ltd (1MDB-Mitsui).

The EC said on Friday the power plant, which industry players estimated could cost RM11bil, would be built in Jimah, Negeri Sembilan would involve a levelised tariff of 25.33 sen a kWh.

It added plant would be commissioned in stages by Oct 1, 2018 (Unit 1) and April 1, 2019 (Unit 2).

The concession period for this power plant would be for 25 years.

It added the Project 3B was to meet the requirement of generation capacity in Peninsular Malaysia from 2018 onwards.

“The selection of the preferred bidder of Project 3B is based on the criteria of full compliance with all the bid requirements as stipulated in the request for proposal (RFP) document and the lowest levelised tariff offered,” it said.

The EC said the power plant will consist of two units of IHI ultra-supercritical technology steam generator and two units of Toshiba turbo generator with proven operational track records.

“The proposed plant will incorporate the latest emissions control technologies to meet the environmental requirements, as well as reduction in coal consumption for every unit of energy generated.

“The preferred bidder as named above will be required to sign a new power purchase agreement (PPA) with Tenaga Nasional and a coal supply and transportation agreement (CSTA) with TNB Fuel Services Sdn Bhd based on terms and conditions stipulated by the EC,” it said.

 


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