The original PPA has expired on Jan 13, 2016.
PETALING JAYA: Tenaga Nasional Bhd
(TNB) has signed a new power purchase agreement (PPA) with Powertek, a wholly owned subsidiary of 1Malaysia Development Bhd for an extension of three years and ten months following a conditional letter of award by Energy Commission to Powertek in August 2015.
“This new PPA governs the rights and obligations of both parties throughout the term of the extension and on the sale and purchase of all the capacity and the electrical energy generated by Powertek from its 434MW open-cycle power plant located at Telok Gong, Melaka,” TNB said in a filing with Bursa Malaysia.
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