The South Korean energy group Korea Electric Power Corp. (Kepco) and the Malaysian firm Tadmax Resources Berhad have teamed up for the construction of a new 1,000 MW - 1,200 MW combined cycle gas-fired power plant (CCGT) in Pulau Indah, Selangor (Malaysia). The construction works will be undertaken via Tadmax Indah Power Sdn Bhd (TIP), a dedicated project company.
Kepco will hold a 25% stake in the project, which is expected to cost approximately US$1bn. The two companies plan to get final approval from the Malaysian government in the third quarter of 2018 and start the construction in 2019. The facility is scheduled for completion in 2023 and comprises two blocks of combined-cycle gas turbines, using natural gas as main fuel and distillate as back-up fuel. The generated power will be sold to the Malaysian national company Tenaga Nasional Berhad (TNB) through a Power Purchase Agreement (PPA).
Searching for proven generation costs?
Then CAPEX & LCOE is the database you need. The module provides exclusive insights on both Capital Expenditure and Levelised Cost of Electricity.
Make informed decisions in terms of which technologies to invest in and where. In just a few clicks, access unique, premium data on both thermal and renewable power generation costs by technology and by country. Put our detailed, reliable information to use and benchmark your project.