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BPMB gets deal to co-finance RM3.3bil power plant

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Pulau Indah project has significant economic, environmental and social benefits to Malaysia. FMTNews BPMB Bank

The new 1,200MW combined-cycle gas turbine power plant project in Selangor on 2.4ha of land off Selat Lumut will be co-financed by BPMB.

The project will sit on 2.4ha of reclaimed land adjacent to the Port Klang Free Zone which lies on the northern bank of Selat Lumut. The bank said the signing ceremony was officiated by Selangor menteri besar Amirudin Shari with Worldwide Holdings chairman Nor Azmie Diron, South Korean ambassador Lee Chi-Beom as well as representatives from three financial institutions, including BPMP, in attendance.

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Bank Pembangunan to co-finance RM3.3b power plant project in Pulau Indah | Malay MailKUALA LUMPUR, March 29 — Bank Pembangunan Malaysia Bhd (BPMB) has clinched a deal with Pulau Indah Power Plant Sdn Bhd (PIPP) to co-finance the development of a RM3.3 billion, 1,200-megawatt combined-cycle gas turbine power plant project in Pulau Indah, Selangor. In a statement today, it said the...
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