KUALA LUMPUR: TENAGA NASIONAL BHD []'s unit has inked an engineering, procurement and CONSTRUCTION [] agreement for the multi-billion-ringgit 1,000MW Manjung coal-fired power plant project with the consortium led by Alstom Power System SA.
Tenaga said on Friday, April 1 the new plant would be adjacent to the existing 3x700MW coal-fired power plant in Manjung.
'The contract price is US$810 million, 180 million euros and RM1.80 billion. The development of the project is for the period of four years on the basis of project finance. Payments to the consortium will be made in accordance with the progress of the project according to the agreed milestones,' Tenaga said.
The national power company said the agreement was between TNB Janamanjung Sdn Bhd and the consortium of Alstom Power System SA which would be responsible for the design, supply, installation, testing and commissioning of the power plant.
The consortium comprised of Alstom Power System SA, Alstom (Wuhan) Engineering & TECHNOLOGY [] Co. Ltd., Alstom Services Sdn. Bhd., China National Machinery Import & Export Corporation and CMC Machipex Sdn. Bhd. (the Consortium).
It said the new plant would utilise the supercritical boiler technology which is deemed to be cleaner than the conventional boiler technology.
The technology has been identified as one of the major measures that can be taken to help reduce carbon dioxide emissions. The project is expected to be completed and fully commissioned by March 2015, it said.
Tenaga said the major components of the project include the building structures and installation of one steam turbine, one supercritical boiler, coal handling equipment, ash handling equipment, water treatment system, air quality control system as well as waste water treatment system.
It added the project would potentially increase TNB group's net assets by about 17.28%.
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Tenaga said on Friday, April 1 the new plant would be adjacent to the existing 3x700MW coal-fired power plant in Manjung.
'The contract price is US$810 million, 180 million euros and RM1.80 billion. The development of the project is for the period of four years on the basis of project finance. Payments to the consortium will be made in accordance with the progress of the project according to the agreed milestones,' Tenaga said.
The national power company said the agreement was between TNB Janamanjung Sdn Bhd and the consortium of Alstom Power System SA which would be responsible for the design, supply, installation, testing and commissioning of the power plant.
The consortium comprised of Alstom Power System SA, Alstom (Wuhan) Engineering & TECHNOLOGY [] Co. Ltd., Alstom Services Sdn. Bhd., China National Machinery Import & Export Corporation and CMC Machipex Sdn. Bhd. (the Consortium).
It said the new plant would utilise the supercritical boiler technology which is deemed to be cleaner than the conventional boiler technology.
The technology has been identified as one of the major measures that can be taken to help reduce carbon dioxide emissions. The project is expected to be completed and fully commissioned by March 2015, it said.
Tenaga said the major components of the project include the building structures and installation of one steam turbine, one supercritical boiler, coal handling equipment, ash handling equipment, water treatment system, air quality control system as well as waste water treatment system.
It added the project would potentially increase TNB group's net assets by about 17.28%.
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