Sarawak Energy in US$500mil deal to provide power to ferro-alloy plant


KUCHING: Sarawak Energy Berhad (SEB), the state's electricity provider, has signed a USD$500mil (RM1.51bil) to provide 500 megawatts of power for 20 years to OM Materials (Sarawak) Sdn Bhd, which will be building a ferro-alloy smelting plant.

This is the largest investment made by OMH which is a Singapore-based company.

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