KUALA LUMPUR: Petronas Gas Bhd (PetGas) wants to raise RM1.2bil to finance its 300MW gas-fired Kimanis power plant in Sabah, through project financing while the balance will be through equity financing.
“The total cost of the power plant is RM1.5bil. We are looking at financing 80% of it through project financing,” chairman Datuk Anuar Ahmad told reporters after its annual general meeting yesterday.
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