KUALA LUMPUR: Tenaga Nasional Bhd said it would not be sourcing power from the Bakun hydroelectric dam in Sarawak and has mapped out alternative plans to meet the increasing power demand in the peninsula.
“There will be no transmission from Sarawak in 2015, neither will there be in 2017.
“Bakun’s (and Murum’s) power, according to Sarawak government, is needed for the state. We are… we were just a potential buyer, and since there is no capacity to buy, we will not be buying from Bakun.
“Bakun, as we know now, will not be utilised for semenanjung,” said chairman Tan Sri Leo Moggie at Tenaga’s second quarter (2Q) financial results briefing.
This effectively means the proposed RM10 billion undersea cable project is unlikely to take off. Tenaga and Sarawak Energy Bhd were also supposed to lease the Bakun dam from the owner, Sarawak Hidro Sdn Bhd.
Read more at: http://www.theedgemalaysia.com/in-the-financial-daily/164399-tenaga-no-power-from-bakun.html