Bank Pembangunan to co-finance RM3.3b power plant project in Pulau Indah | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

KUALA 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...

Monday, 29 Mar 2021 08:16 PM MYT

In a statement today, it said the financing for the power plant will be provided by three financial institutions, which are BPMB, Maybank Islamic Bhd and United Overseas Bank Bhd, via a Fresh Commodity Murabahah Term Financing-i Facility amounting to RM2.7 billion “The site is accessible by road via Lebuhraya Pulau Indah, Persiaran Masjid Sultan and Jalan Sidang Adnan, and is about 35 kilometres from Klang town,” it added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines