Press Metal enters power purchase deal with Sesco

Press Metal plans to construct a proposed third aluminium smelter in Samalaju Industrial Park, Sarawak, which will potentially increase its total smelting capacity up to 1, 08 million tonnes per annum upon full power drawdown, from the current 760, 000 tonnes per annum

PETALING JAYA: Press Metal Aluminium Holdings Bhd, the largest aluminium producer in South-East Asia, has entered into a power purchase agreement (PPA) with Syarikat Sesco Bhd, a wholly owned subsidiary of Sarawak Energy Bhd.

In a statement yesterday, Press Metal said the signed PPA provides long-term access of up to 500MW of electricity for a 15-year period.