PETALING JAYA: The Energy Commission (EC) has rescinded the proposed 300MW power plant project in Sandakan that was awarded to Ranhill Holdings Bhd’s unit.
In a filing with Bursa Malaysia yesterday, Ranhill said the EC had issued a letter to the consortium consisting of Sabah Development Energy (Sandakan) Sdn Bhd (SDESB) and Ranhill’s unit, SM Hydro Energy Sdn Bhd (SMHE), informing them of the cancellation of the proposed project.
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