TNB signs new deals to extend YTL Power’s Paka plant ops

New deals: YTL Power’s Paka power plant.

PETALING JAYA: Tenaga Nasional Bhd (TNB) has signed new deals with YTL Power International Bhd to extend the operations of the latter’s power plant in Paka, Terengganu.

In its filing with Bursa Malaysia, the national utility company announced that it had signed a new power purchase agreement (PPA) and a new land lease agreement (LLA) with YTL Power for the independent power producer to continue operations of its Paka power plant for a further period of three years and 10 months.