The Malaysian state-run power utility Tenaga Nasional Berhad (TNB) and the Indonesian state-owned power utility PLN Persero (PLN) have signed a memorandum of understanding (MoU) for the construction of a 400 MW coal-fired power plant in Kalimantan, Borneo (Indonesia). The MoU will last for a 2-year period over which TNB and PLN will assess the suitable business models and financing options associated with the project. The facility will comprise two 200 MW units and the produced power is expected to be sold to the Malaysian state of Sabah.
TNB owns a 83% interest in Sabah Electricity Sdn Bhd (SESB) which is responsible for power generation, transmission, and distribution in the state while the remaining 17% in SESB is held by the Sabah state government.
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