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KLSE News: 19 Jun 2014 – The Energy Commission (EC) has accepted the surprise decision by YTLPower International Bhd…

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The Energy Commission (EC) has accepted the surprise decision by YTLPower International Bhd to pull out from a consortium that was awardedthe job to build a power plant in Johor through direct negotiation. However, theregulator has left open the prospect of awarding the lucrative Track 4Aproject to build a 1,000MW to 1,400MW combined-cycle gas turbine […]

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KLSE News: 18 Jun 2014 – YTL Power International is likely to withdraw from participating in the controversial…

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YTL Power International is likely to withdraw from participating in the controversial RM3bn power plant project in Johor called Project 4A, saidsources, amid mounting criticism on the way the contract was awarded by theEnergy Commission (EC) through direct negotiation instead of competitivebidding. Its withdrawal is expected to pave the way for an open tender. Thisfollows […]

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