KUALA LUMPUR (Feb 28): The Energy Commission has invited the first generation of independent power producers to submit their plans to extend the power purchase agreements (PPAs).
Its chairman Tan Sri Dr Ahmad Tajuddin Ali said on Tuesday that these IPPs, whose PPAs scheduled to end in three to four years, were invited to extend the agreements on condition they would reduce the capacity payments.
According to the commission website, there are 27 IPPs in Malaysia.
As for the Prai combined cycle gas turbine power project, he said the commission had received pre-qualification statements from 33 out of 38 participants. The 33 participants comprised of the 18 consortia and sole bidders. All submissions would be evaluated and the short-listed bidders would be announced after March 19.
Written by Max Koh of theedgemalaysia.com
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