Sarawak Energy Bhd signs Power Purchase Agreement with Sakura Ferroalloys Sdn Bhd

Kuching, Sarawak, 11 October 2013 : Sarawak Energy, through its wholly owned subsidiary company Syarikat SESCO Berhad (SESCO), today signed a Power Purchase Agreement (PPA) with Sakura Ferroalloys S/B for the supply of power to their proposed 80 MW manganese smelter in Samalaju Industrial Park in Bintulu, Sarawak. The PPA signing with Sakura which is the sixth PPA signed within a period of 5 years, signifies the growing investors’ confidence in energy-intensive industry of the state. The investments by the signed PPA customers amount to RM10.39 billion and Sarawak Energy is investing about RM10 billion in SCORE consisting of 500 KV backbone, Murum HEP and Balingian Coal-fired Plant.