The Star, 12/8/2010
KUALA LUMPUR: The Energy Commission (EC) hopes to identify the power company that will plant up an additional 1,000MW of electricity by the end of January next year.
“A decision is imminent for the construction of the first plant of up to 1,000MW,’’ chairman Tan Sri Dr Ahmad Tajuddin Ali told StarBiz yesterday.
Tan Sri Dr Ahmad Tajuddin Ali “We are still in the consultative process, evaluating the proposals submitted by three bidders of existing sites – Tenaga Nasional Bhd (Janamanjung), Malakoff Bhd (Tanjung Bin) and Jimah Power Sdn Bhd (Jimah).
“We will pick the winner the latest by the end of January next year. The winner this round has to ensure that the plant will be operational by the first quarter of 2015,’’ he added.
Each of these existing sites have the space for two more generating units of 1,000MW each, said Tajuddin.
“It is more economical to build on these existing sites and tap on their existing facilities,’’ he said, referring to the first unit being planned.
Based on an expected 6% growth in gross domestic product (GDP) per year, there is a projected power shortage in 2015 as initially 1,600MW was supposed to be transmitted via undersea cables to the peninsula from the Bakun Dam in Sarawak.
Greenfield projects is a possibility, but they take time to become operational, so they will not be able to meet the peninsula’s urgent power needs by 2015-2016.
Electricity consumption per capita in Malaysia now stands at about 3,412 kWh per annum, significantly higher than most developing countries, but still below the average in developed countries.
It is projected to more than double to 7,571 kWh per person in 2030, higher than that of the Asia Pacific Economic Cooperation region average of 6,833 kWh per person.
“Implementation must be carried out in the next 3 to 4 years,’’ he said, adding that a major criterion was to have a reserve margin of 20%. Among other factors, the speed at which financing can be secured by these bidders would also be considered.
Due to the limited gas supply in the long term, the commission had decided on a coal-fired plant which can be completed in 42 months. “We are a consequential planner. Since the Government has targeted a GDP growth of 6% per year under the 10th Malaysia Plan, we have to plan for the anticipated growth in energy demand,” he said.
“We need to plan for that ... no one can say it’s not going to happen (the targeted GDP growth); at the Electricity Commission, we have to be prepared to meet the future power requirement,” he added.
(Electricity demand is positively linked to a country’s GDP growth).
Still, the winner of the first round of tender can only supply 1,000MW. There’s still a gap of at least 600MW to be filled as Bakun is not providing the power.
“So, there is a need for a second plant,’’ he said.
“This second plant can be a greenfield project which would take longer to plan,’’ he said, adding that it would involve site investigations and compliance with environmental requirements.
This is an archive of newsclips on CONSTRUCTION INDUSTRY with a good dose of those on ECONOMY thrown in as well. The contents of this blog are purely archival and do not represent anything on the one who blogs, or any persons, pets, properties, accessories or entities associated with him. The blogger is not responsible for any inaccuracies that may be inherent in the materials.
Showing posts with label Jimah. Show all posts
Showing posts with label Jimah. Show all posts
Thursday, August 12, 2010
New power plant to be identified
Tuesday, August 10, 2010
Malaysia shortlists 3 sites for coal-fired plant
BTImes 10/8/2010
Three power plants have been identified as the possible choice to house a coal-fired plant that will be built to add 1,600 megawatts to the Peninsular Power Grid by the first quarter of 2015.
They are the
Tanjung Bin Power Plant owned by MMC Corp Bhd subsidiary Malakoff Corp Bhd;
Jimah Power Plant located in Port Dickson, Negri Sembilan; and
the coal-fired power plant in Manjung, Perak, managed by Tenaga Janamanjung Sdn Bhd.
There are no clear indications yet as to which of the three will be entrusted to develop the additional capacity.However, it is understood that the three power plants were shortlisted because of their existing facilities.It is also understood that an announcement will be made soon on the plant selected to start the project.
Energy Commission chairman Tan Sri Dr Ahmad Tajuddin Ali said that construction of the coal-fired plant would take about 42 months."The additional plant is necessary considering that the power plant in Bakun, Sarawak, is not forthcoming. Initially, it was supposed to provide the power."However, the decision on this (new coal plant) has to be done soon as it takes 42 months to construct a coal power plant," he told reporters after presenting a paper at the Energy Forum 2010 in Kuala Lumpur yesterday.
Ahmad Tajuddin said the Energy Commission, the Ministry of Energy, Green Technology and Water, and the Economic Planning Unit should decide fast on the implementation of the coal-fired plant to avert the risk of a power shortage in the next five years.He added that there was a need for the new plant as electricity demand was increasing by the day, especially from the large industries.
Three power plants have been identified as the possible choice to house a coal-fired plant that will be built to add 1,600 megawatts to the Peninsular Power Grid by the first quarter of 2015.
They are the
Tanjung Bin Power Plant owned by MMC Corp Bhd subsidiary Malakoff Corp Bhd;
Jimah Power Plant located in Port Dickson, Negri Sembilan; and
the coal-fired power plant in Manjung, Perak, managed by Tenaga Janamanjung Sdn Bhd.
There are no clear indications yet as to which of the three will be entrusted to develop the additional capacity.However, it is understood that the three power plants were shortlisted because of their existing facilities.It is also understood that an announcement will be made soon on the plant selected to start the project.
Energy Commission chairman Tan Sri Dr Ahmad Tajuddin Ali said that construction of the coal-fired plant would take about 42 months."The additional plant is necessary considering that the power plant in Bakun, Sarawak, is not forthcoming. Initially, it was supposed to provide the power."However, the decision on this (new coal plant) has to be done soon as it takes 42 months to construct a coal power plant," he told reporters after presenting a paper at the Energy Forum 2010 in Kuala Lumpur yesterday.
Ahmad Tajuddin said the Energy Commission, the Ministry of Energy, Green Technology and Water, and the Economic Planning Unit should decide fast on the implementation of the coal-fired plant to avert the risk of a power shortage in the next five years.He added that there was a need for the new plant as electricity demand was increasing by the day, especially from the large industries.
Friday, June 18, 2010
Tenaga to bid for US$2.1b power project
18-06-2010
Tenaga Nasional Bhd, Malaysia’s state-controlled generator, will bid for a RM7 billion (US$2.1 billion) government project to upgrade power plants as the economic recovery boosts electricity demand.Construction of a new coal-fired plant at the utility’s existing station in Manjung would start in early 2011 and be completed by the end of 2014, president Che Khalib said in an interview at the company headquarters in Kuala Lumpur yesterday.Malaysia’s Energy Commission will soon call for bids to upgrade power plants by 2015 as the electricity reserve margin could fall below 20 per cent if capacity isn’t increased, the Business Times reported on June 16, citing Energy Minister Peter Chin. Power demand may rise by as much as five per cent a year in the next five years, in step with the government’s target of six per cent annual growth through 2015, Che Khalib said.
Tenaga may have to compete for the project with MMC Corp, Malaysia’s second-biggest electricity producer, and Jimah Energy Ventures, an independent power producer with a 25-year licence to operate a 1,400-megawatt coal-fired plant near Port Dickson in the southern state of Negri Sembilan.If Tenaga wins the bid, it may sell bonds in the middle of 2011 to help finance the project, Tenaga president Che Khalib said in an interview in Kuala Lumpur yesterday. “The usual funding structure will be 20 per cent equity and 80 per cent debt, so probably around RM4 billion to RM5 billion kind of debt-raising” would be needed.Tenaga shares rose 0.2 per cent to RM8.37 at 10:39 a.m. on the Malaysian stock exchange, headed for the highest close since May 19. They’ve dropped 0.4 per cent this year, lagging behind the benchmark index’s 3 per cent gain in the same period.
The government is planning 52 infrastructure and development projects worth RM63 billion over the next five years, including two coal-fired power plants, Prime Minister Datuk Seri Najib Razak said on June 10. The contracts will be put up for open tender, he said. -- Bloomberg
Tenaga Nasional Bhd, Malaysia’s state-controlled generator, will bid for a RM7 billion (US$2.1 billion) government project to upgrade power plants as the economic recovery boosts electricity demand.Construction of a new coal-fired plant at the utility’s existing station in Manjung would start in early 2011 and be completed by the end of 2014, president Che Khalib said in an interview at the company headquarters in Kuala Lumpur yesterday.Malaysia’s Energy Commission will soon call for bids to upgrade power plants by 2015 as the electricity reserve margin could fall below 20 per cent if capacity isn’t increased, the Business Times reported on June 16, citing Energy Minister Peter Chin. Power demand may rise by as much as five per cent a year in the next five years, in step with the government’s target of six per cent annual growth through 2015, Che Khalib said.
Tenaga may have to compete for the project with MMC Corp, Malaysia’s second-biggest electricity producer, and Jimah Energy Ventures, an independent power producer with a 25-year licence to operate a 1,400-megawatt coal-fired plant near Port Dickson in the southern state of Negri Sembilan.If Tenaga wins the bid, it may sell bonds in the middle of 2011 to help finance the project, Tenaga president Che Khalib said in an interview in Kuala Lumpur yesterday. “The usual funding structure will be 20 per cent equity and 80 per cent debt, so probably around RM4 billion to RM5 billion kind of debt-raising” would be needed.Tenaga shares rose 0.2 per cent to RM8.37 at 10:39 a.m. on the Malaysian stock exchange, headed for the highest close since May 19. They’ve dropped 0.4 per cent this year, lagging behind the benchmark index’s 3 per cent gain in the same period.
The government is planning 52 infrastructure and development projects worth RM63 billion over the next five years, including two coal-fired power plants, Prime Minister Datuk Seri Najib Razak said on June 10. The contracts will be put up for open tender, he said. -- Bloomberg
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- burhanlong
- A seeker of success (whatever that means) treading on a path, searching, to return to the wholesomeness that was him when he was launched into this big school called Earth.