Value of Kepco stake in power plant to be finalised in August - best electric toothbrush to buy

Eight dozen spirits no longer: the value of South Korean power company (Kepco)
Tadmax Resources Bhd's proposed 25% stake in the power plant will be finalized by August 2018.
Datuk Noel John, Tadmax executive director, said that when a technical and commercial proposal to implement the project is submitted to the Energy Committee, the project will be finalized (EC)by Aug 1.
"Engineering Company of Tadmax, Yingda Tadmax Power Supply Co. , Ltd (TIP)
, Will be the main member of the consortium, which will be responsible for the negotiation of the project, preparation and submission of the complete proposal and liaison with the relevant authorities.
"Given that this is a major international power company in the Malaysian electricity industry, Kepco's participation in TIP is very important," he said at a briefing . ".
Proposed 1,200 MWcycle gas-
Turbine power plant will be built on the 24 th.
In Pulau Indah in Selangor, TIP has 3 ha.
John said Tadmax was awarded the project by the government through the EC in last August and completed a feasibility study costing 27 million yuan.
Kepco, South Korea's largest state
State-owned utilities signed a joint agreement with the South Korean government with a 51% stake.
On Friday, a development agreement was reached with Tadmax, as instructed by the European Commission, requiring the latter to find suitable and active technical partners for the project.
In terms of the implementation of the agreement, Kepco plans to occupy a 25% share of TIP and agrees to undertake 25% of the direct and external third part --
He said party fees, including the cost of feasibility studies.
John said that under the agreement, Kepco will work on engineering, procurement and construction, and the long term
Preparation of long-term supply agreements, operational and maintenance plans and strategies, technical assistance and consultants and support to achieve successful financial settlement.
The consortium has been shortlisted for eight companies to submit to the European Commission for the development of the project, which will include two parts, John said
Cycle gas turbine with natural gas as the main fuel and fraction as the fuel-up fuel.
"Construction and Commission will be carried out on a turnkey basis and power generation will be sold to Tenaga Nasional Bhd (TNB)
"Through a power procurement agreement, Tadmax is currently in the process of negotiating," he said . ".
The power plant will meet the high power supply demand in the barns Valley, Kuala Lumpur Lante and Sepang areas.
The consortium is considering issuing Islamic bonds to fund the project, which is estimated to be 3 yuan, John said. 5bil.
The internal rate of return of the project is around 8.
5%, he said, adding that Datuk George Mathew, which has officially served TNB for more than 30 years, will lead the development and implementation of the project. —