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.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

China leads global EV race
Blooming Chinese beauty sector
Betting on boom�–�and bust
The economics of rooftop solar power
Shanghai eyes asset hub status
Dubai Chocolate faces pistachio crunch
Money-market funds are retail’s hot trade
S-REIT appeal builds up
A good deal for AmBank, but AmFirst?
LYC�– from Nasdaq dreams to GN3

Others Also Read