BERNAMA – Worldwide expects energy, renewable energy business to be top earnings contributor

Worldwide Holdings Bhd expects its energy and renewable energy business to contribute about 40%-50% of the company’s total earnings, after the completion of the RM3.3 billion, 1,200-megawatt (MW) power plant in Pulau Indah, Selangor. The combined-cycle gas turbine (CCGT) power plant is slated to be commissioned in January 2024. Group chief executive officer Datin Paduka [...]

By |2021-05-04T17:05:14+00:00March 29th, 2021|In The Media|0 Comments

Worldwide Holdings expects energy, renewable energy business to be top earnings contributor

SHAH ALAM, March 29 — Worldwide Holdings Bhd expects its energy and renewable energy business to contribute about 40-50 per cent of the company’s total earnings after the completion of the RM3.3 billion, 1,200-megawatt (MW) power plant in Pulau Indah, Selangor. The combined-cycle gas turbine (CCGT) power plant is slated to be commissioned in January [...]

By |2021-05-04T17:05:14+00:00March 29th, 2021|In The Media|0 Comments

BPMB inks financing deal for Pulau Indah power plant project

KUALA LUMPUR: Bank Pembangunan Malaysia Bhd (BPMB) today clinched a deal with Pulau Indah Power Plan Sdn Bhd (PIPP) to co-finance the development of a RM3.3 billion 1,200 MW combined-cycle gas turbine power plant project in Pulau Indah, Selangor. The deal is for the financing, design, engineering, procurement, construction, installation, testing, commissioning, ownership, operation and [...]

By |2021-05-04T17:05:14+00:00March 29th, 2021|In The Media|0 Comments

GE to provide power generation equipment for 1,200 MW Pulau Indah plant

KUALA LUMPUR: GE has secured an order to provide power generation equipment for the 1,200 megawatts (MW) Pulau Indah power plant in Selangor. The US-listed company said on Wednesday the contract was from the engineering, procurement, and construction (EPC) consortium of Posco Engineering & Construction Co. Ltd (Posco), Mitsubishi Corporation and PEC Powercon Sdn Bhd. [...]

By |2021-05-04T17:05:15+00:00March 24th, 2021|In The Media|0 Comments

TNB inks power purchase agreement with Pulau Indah Power Plant

K UALA LUMPUR (Aug 7): Tenaga Nasional Bhd (TNB) announced today it has signed a power purchase agreement (PPA) with Tadmax Resources Bhd’s special purpose company — Pulau Indah Power Plant Sdn Bhd (PIPP). In a bourse filing today, TNB said the government had awarded Tadmax Resources the right to develop a new combined cycle [...]

By |2021-05-04T17:05:17+00:00December 23rd, 2020|In The Media|0 Comments

Maxim sells remaining 40% stake in Pulau Indah power project for RM70m

K UALA LUMPUR (Nov 27): Maxim Global Bhd, formerly known as Tadmax Resources Bhd, is disposing of its remaining 40% stake in Pulau Indah Power Plant Sdn Bhd (PIPP) to Worldwide Holdings Bhd (WHB) for RM70 million. PIPP operates the 1,200 megawatt combined cycle gas turbine power plant project in Pulau Indah. In a filing [...]

By |2021-05-04T17:05:17+00:00December 23rd, 2020|In The Media|0 Comments
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