Bidding for Tuas Power

Thu, 04 Feb 1999 | Source: DJ

SINGAPORE (Dow Jones): Singapore government investment arm Temasek Holdings said Wednesday it has extended the deadline to bid for a 60 percent stake in power station Tuas Power to April 12.

The bidders are a consortium comprising a SembCorp Industries Ltd. unit and U.S.-based Edison Mission Energy; a consortium comprising Keppel Fels Ltd. and U.S.-based CMS Energy Corp. ; and a consortium comprising United Engineers Ltd. and U.S.-based Enron Corp.

The three consortia selected to bid for the stake were originally supposed to submit their bids by Jan. 11, but the deadline was extended in light of the ongoing negotiations between Indonesia's state-owned Pertamina and SembCorp.

View JSON | Print