KL power for Thailand

Tue, 06 Sep 1994, 00:00 WIB | Source: AFP

KUALA LUMPUR (AFP): Malaysia said yesterday a four-member
consortium led by listed Landmarks Bhd. would soon be licensed to
build a 660-megawatt power plant costing 1.3 billion ringgit
(US$520 million) to supply electricity to Thailand.

Energy Minister Samy Vellu Sanglimuthu said he would represent
Kuala Lumpur at negotiations next yesterday in Bangkok on the
plan by the Perlis Power consortium to transmit and sell
electricity to southern Thailand.

He will be accompanied by former Malaysian finance minister
Daim Zainuddin, who is chairman of the so-called Indonesia-
Malaysia-Thailand growth triangle.

Landmarks, controlled by well-connected entrepreneur Samsudin
Hassan, is to hold a controlling stake in the plant to be located
in northern Perlis state to transmit power via a specially-
dedicated line direct to south Thailand.

"Landmarks would be the first company allowed to undertake
power transmission and distribution for export," Samy Vellu told
a news conference.

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