Short-term extensions of PPAs expected soon

“We understand the government, via the Energy Commission, will announce short-term extensions of PPAs by next week," said UOBKH Research.

PETALING JAYA: As the build-up of data centres requires higher power capacity, the government is likely to offer short-term power purchase agreements (PPAs) based on a two-year validity to expired gas-fired power plants.

At least two gigawatt (GW) of capacity is expected to be awarded under this short-term PPA extension, says UOB Kay Hian (UOBKH) Research.