Business

1MDB’s power woes

By LEONG HUNG YEE
Azman (second from left), TNB chairman Tan Sri Leo Moggie (fourth from left), Deputy Energy, Green Technology and Water Minister Datuk Seri Mahdzir Khalid (middle) at TNB

KUALA LUMPUR: The fate of the controversial 3B power plant project that was awarded to 1Malaysia Development Bhd (1MDB) would be known next week.

The project that was supposed to be commissioned in stages beginning Oct 1, 2018 is bogged down by delays and so far there has not been any news of its financing being firmed up.

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