TNB inks deal with SIPP Energy, a private vehicle owned by the Johor Sultan

By P. ARUNA and GURMEET KAUR

The national utility company told the stock exchange that SIPP

PETALING JAYA: After two years of uncertainty and negotiations, SIPP Energy Sdn Bhd has finally received the go-ahead from the Government to build a 1,440MW power plant in Pasir Gudang, Johor.

Towards this end, it inked a 21-year power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) yesterday.

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Business , power plant deal , TNB , Tenaga , SIPP , gas , power plant , Pasir , Gudang , Johor , Sultan , Southern Power Generation , shares , stocks ,

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