Malaysian industrial gas provider Petronas Gas is expected to call bids for a 900 million ringgit (S$374.8 million) power plant project in Sabah on Borneo. -- PHOTO: NP
KUALA LUMPUR - MALAYSIAN industrial gas provider Petronas Gas is expected to call bids for a 900 million ringgit (S$374.8 million) power plant project in Sabah on Borneo early next year, the Business Times reported on Saturday, citing an unidentified source.
'Tender for the EPC (engineering, procurement and construction) contract will probably be out in March or May,' the newspaper quoted the source as saying.
State-owned Petronas Gas and Yayasan Sabah, the investment arm of the Sabah state government, had formalised in November a joint venture deal to develop and operate a 300-megawatt power plant in Kimanis in the district of Papar, said the newspaper.
Petronas Gas was not immediately available for comment. -- THOMSON REUTERS
