SESB’s power deal ex­pir­ing on Dec 2

The Star Malaysia - StarBiz - - News -

KUALA LUMPUR: Mega First Corp Bhd (MFCB) has an­nounced that the Power Pur­chase Agree­ment (PPA) be­tween Sabah Elec­tric­ity Sdn Bhd (SESB) and Serudong Power Sdn Bhd in re­la­tion to a power plant in Tawau will ex­pire on Dec 2, 2017.

In a fil­ing with Bursa Malaysia, MFCB said the En­ergy Com­mis­sion has pro­posed new com­mer­cial terms of the PPA ex­ten­sion which has been agreed to by the board of di­rec­tors of Serudong Power. — Ber­nama

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