SEB to invest RM10bil to build two more hydroelectric dams


Chief executive officer (CEO) Datuk Torstein Dale Sjotveit (file pic) told Sarawak Business Summit 2014 here yesterday that SEB was in the process of tendering out the Baleh and Baram dam projects

KUCHING: Sarawak Energy Bhd (SEB) will invest an additional RM10bil to RM15bil in new energy generation projects in the next five years.

It is proceeding to build another two major hydroelectric dams to boost power generation capacity.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

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!
Business , sarawak energy

Next In Business News

FBM KLCI extends rally on Christmas Eve; ringgit at five-year high
Higher corporate bond yields push issuers to delay debt sales to next quarter
Oil rises for sixth session on US data, geopolitical tension
BP to sell 65% stake in Castrol to Stonepeak for US$6bil
Nam Cheong sells 4,000-DWT platform supply vessel for US$20.5mil
Maybank experiencing intermittent slowness affecting DuitNow services
China turns sport into serious business
Gold climbs above US$4,500 in historic rally for precious metals
Borneo Oil’s associate Verde Resources seeks Nasdaq listing, raising US$5–US$8mil
MARC Ratings affirms Malaysia’s sovereign rating at AAA

Others Also Read