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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 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 opens weaker as markets turn cautious ahead of FOMC
Ringgit opens higher as tomorrow's FOMC meeting pressures greenback�
Trading ideas: Geohan, Hartanah Kenyalang, Capital A, AAX, Genting, Quality Concrete, Gadang, Ancom Nylex
Number’s up: Calculators hold out against AI
India warns IndiGo of regulatory action
OMS Energy looks to region, M&A for growth
KLCI futures to see uptrend this week
Swiss population cap proposal gets 50% backing
Bumps in Perodua’s EV march
China’s PBoC extends gold buying streak

Others Also Read