KL firm defers RI plant

KL firm defers RI plant

KUALA LUMPUR (AP): Malaysia's electric company has deferred a
joint venture project to build a coal-fired power plant in
Sumatra, Indonesia, because of the region's economic crisis, a
news report said yesterday.

"It is difficult to say when (the project can proceed), but we
are looking at a period of between 10 and 15 years," the national
news agency Bernama quoted Ahmad Tajuddin Ali, executive chairman
of Tenaga Nasional Berhad, as saying.

Demand for electricity in Malaysia has also slowed, Tajuddin
told reporters in Kulim, about 400 kilometers (250 miles)
northwest of Kuala Lumpur.

Many factories, the biggest users of electric power, had cut
their working hours due to lower demand for their products
locally and overseas.