Siemens wins Malaysian order

Siemens wins Malaysian order

KUALA LUMPUR (AFP): German conglomerate Siemens has won a contract to built a two-billion-ringgit (US$526 million) power plant in Malaysia, according to a report Saturday.

The Sun newspaper said the Malaysian Resources Corporation Bhd. (MRCB) awarded the turnkey contract to Siemens for the engineering, procurement and construction of the power plant in Selangor state.

The plant would produce about 710 megawatts of electricity using a Siemens gas turbine, the paper said, adding it would go into operation in two phases -- mid-2002 and in 2003.

Abdul Rahman Maidin, president of MRCB, said power generation was expected to contribute to the company's earnings, noting electricity demand rose 17.2 percent over the 14 months to March this year to a new record of 9,263 megawatts.

"This new power plant will enhance the reliability and security of power supply for the Klang Valley and the new government administrative center in Putrajaya," Abdul Rahman said.