Tawau Green Energy is working on to erect the first geothermal power plant for Malaysisa, a 36 MW plant at Apas Kiri, Tawau and expects it to be completed in late 2014.
Further details have been made available about the planned 36 MW geothermal power plant in Malaysia. The project is developed by Tawau Green Energy at Apas Kiri, Tawau, Malaysia. The plant is expected to cost about RM 419 million ($137 million) and to be completed in late 2014.
The project will be funded by the local financial institutions and has qualified to receive a grant from the Private-Public Partnership Unit of the Prime Ministers Department for access road and water treatment plant.
The project has received support from the Federal government, Sabah government and Sabah Electricity Sdn Bhd (SESB).
The Renewable Energy Power Purchase Agreement (REPPA) with Sabah Electricity Sdn Bhd (SESB) was signed on 29th November 2011 and Land Lease Agreement with Sabah Parks for 50 year lease signed on 17th August 2012.
Furthermore, a Facilitation Fund Agreement for grant of RM35 million ($11.5m) to cover cost of access road signed with the government of Malaysia and Bank Pembangunan Malaysia on 25th May 2012.
In addition, to enable access to the project site and transport drilling rig, plant and equipments, an access road of approximately 18km in length, including 3 bridges, need to be constructed.
Source: New Sabah Times