Edra Energy Bhd (EEB), a subsidiary of China General Nuclear Power Corp is building a gas-fired power plant in Alor Gajah, Maleka, Malaysia.
The project involves the construction of a 2,242MW gas-fired power plant. It will be developed in three blocks having a capacity of 747MW each.
The project includes the construction of a powerhouse, a substation and related infrastructure, and the installation of turbines, generators and transformers, and the laying of transmission lines.
EEB received necessary approvals from The Government of Melaka, The Ministry of Energy, Green Technology and Water and Tenaga Nasional Berhad (TNB) for project development.
General Electric International, Inc. was appointed to supply GE9HA.02 gas turbines for the project.
On April 11, 2017, TNB signed a 21-year power purchase agreement with EEB. Under the development, EEB will construct, own, operate and maintain the power plant.
In June 2017, a joint venture of Hyundai Engineering and Hyundai Engineering and Construction (E&C) secured construction contract. Hyundai Engineering has an 85 percent share of the deal and Hyundai E&C will hold the remaining 15 percent. The worth of contract is US$890 million.
CIMB Investment Bank is the principal and financial adviser, Maybank Investment Bank and RHB Investment Bank are joint lead managers for the debt programme
The project would be funded with 80% by debt financing and 20% by Edra Power shareholders’ funds.
In November 2017, 90% of the site preparatory works were completed.
Pre-construction activities are underway. Construction activities on the first block are scheduled for completion in January 2021, the second block in March 2021 and third block in May 2021.
1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix
