KUALA LUMPUR: Tenaga Nasional Bhd has signed a power purchase agreement (PPA) with Pulau Indah Power Plant Sdn Bhd (PIPP) involving a proposed combined cycle gas power plant in Selangor.
PIPP is a special purpose company owned by Tadmax Resources Bhd (40 per cent), Worldwide Holdings Bhd (35 per cent) and Korea Electric Power Corporation (25 per cent).
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