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In an unexpected turn of events, on 31 May 2014, the Energy Commission (EC) awarded the Track 4A combined cycle project through direct negotiations to SIPP Energy, with the participation of YTL Power and TNB as consortium members. The EC has cited energy security as the reason for the direct award. Recent blackouts in Malaysia are used to support this announcement and the need to fast-track the project to 2018. Is this a convincing justification for the EC’s decision for a direct award?
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Direct award - a step backwards for Malaysia's power sector? PDF - 267.70 KB 2 Pages, 1 Tables, 1 Figures
Description
This Power Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.
For participants, suppliers and advisors who want to look at the trends, risks and issues within the power industry, this report gives you an expert opinion and analysis to help inform your decision making.
Wood Mackenzie's detailed analysis and reliable market forecasts provide a strong reference, enabling a quick and concise description about the relationship between this event and its implications.
Underpinned by our extensive gas, coal and oil markets research, Wood Mackenzie's detailed analysis and reliable market forecasts provide a reliable foundation for investments and corporate planning. We help you understand key regulatory and economic drivers, and emerging industry tends in the power industry.
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Insight | Jun 2014
Direct award - a step backwards for Malaysia's power sector?
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