SEB Power, part­ners bag RM3b job

New Straits Times - - Business -

KUCH­ING: Sarawak En­ergy Bhd, to­gether with con­sor­tium part­ners China Gezhouba Group Ltd and Un­tang Jaya Sdn Bhd, will un­der­take a RM3 bil­lion civil work pack­age of the Baleh Hy­dro­elec­tric dam project.

Sarawak En­ergy’s sub­sidiary, SEB Power, will work with the con­sor­tium part­ners for the main civil works.

Over­all, the Baleh Hy­ro­elec­tric dam is es­ti­mated to cost RM8 bil­lion and is ex­pected to be fully com­mis­sioned by 2025.

Lo­cated in the Baleh River about 95km up­stream from the con­flu­ence with the Re­jang River in Kapit, the dam will gen­er­ate 1,285 megawatts of re­new­able en­ergy once com­pleted.

Sarawak En­ergy chair­man Datuk Ab­dul Hamed Sepawi said the joint ven­ture is an av­enue for shar­ing of ex­per­tise between Chi­nese and lo­cal con­trac­tors.

“This is in line with our aim of sup­port­ing the state’s ini­tia­tive to max­imise lo­cal and Bu­mi­put­era con­tent in our pro­cure­ment and con­tracts,” he said.

Ab­dul Hamed said the con­struc­tion of dam will also cre­ate em­ploy­ment op­por­tu­ni­ties, es­pe­cially for the lo­cals and at its peak some 3,500 work­ers are ex­pected to be em­ployed at the project.

Sarawak En­ergy chief ex­ec­u­tive of­fi­cer Sharbini Suhaili said the con­tract was the fourth pack­age of the dam to be awarded.

“We have a to­tal of eight pack­ages (for the Baleh dam) and we had awarded three, in­clud­ing

This is in line with our aim of sup­port­ing the state’s (Sarawak) ini­tia­tive to max­imise lo­cal and Bu­mi­put­era con­tent in our pro­cure­ment and con­tracts.

road projects, ex­plo­sive mag­a­zine and op­er­a­tor’s vil­lage,” he said af­ter the sign­ing cer­e­mony, here.

The re­main­ing four pack­ages are di­ver­sion tun­nels, trans­mis­sion line, me­chan­i­cal works and clear­ing of biomass.

“The next pack­age to be awarded would be the tun­nel works. How­ever, we are still fi­nal­is­ing some ne­go­ti­a­tions,” he added.

On project fund­ing, Suhaili said the group has RM5.5 bil­lion from its sukuk musyarakah pro­gramme. Goh Pei Pei

PIC BY NADIM BOKHARI

(From left) Sarawak En­ergy chief ex­ec­u­tive of­fi­cer Sharbini Suhaili, Sarawak Deputy Chief Min­is­ter Tan Sri Dr James Je­mut Mas­ing, Sarawak En­ergy chair­man Datuk Ab­dul Hamed Sepawi and China Gezhouba Group Ltd rep­re­sen­ta­tive dur­ing a sign­ing cer­e­mony in Kuch­ing yes­ter­day.

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