PETALING JAYA: Tenaga Nasional Bhd (TNB) has signed a power purchase agreement (PPA) with wholly owned subsidiary TNB Manjung Five Sdn Bhd (Manjung 5) for the latter to design, construct, own, operate and maintain a coal-fired, electricity-generating facility with a total nominal capacity of 1,000 megawatts in Manjung, Perak.
“This PPA was a result of the Track 3A competitive bidding organised by Suruhanjaya Tenaga to meet the generation requirements in Peninsular Malaysia at the most competitive rates,” TNB told Bursa Malaysia.