KL power for Thailand

KL power for Thailand

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.