KUCHING: Press Metal Bhd and three foreign companies, which together plan to invest some RM9.5bil in energy-intensive industries in Samalaju Industrial Park, Bintulu, have signed separate power purchase agreement (PPA) term sheet with Sarawak Energy Bhd (SEB).
SEB's chief executive officer Torstein Dale Sjotveit (pic) said Press Metal and the three companies OM Materials,Asia Minerals Ltd and Tokuyama Corp would require a long-term supply of 1,300MW to power their plants.
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