Gamuda JV Awarded RM3.05 Billion Contract For Sabah Power Plant

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Post on Oct 27, 2024

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Gamuda Bags Big Contract: RM3.05 Billion for Sabah Power Plant

You know how they say, "Good things come in threes?" Well, in this case, it's a whopping RM3.05 billion. That's how much Gamuda, the Malaysian construction giant, just snagged for a new power plant project in Sabah. Talk about a big win!

The Power Plant Project

This new plant, known as the Segaliud Lok Kawi (SELK) Power Plant, is a big deal for Sabah. It's all about ensuring a stable and reliable electricity supply, especially as the state continues to grow and develop. The new power plant will add 300 megawatts (MW) to the grid, which is super important for keeping the lights on and fueling the economy.

Gamuda's Role

Gamuda isn't just building the plant, they're also going to be in charge of operating it for 27 years. That's a long time, and it shows a lot of trust in their abilities. This contract isn't just a win for Gamuda, it's a win for Sabah and its future.

Why This Matters

Let's get real. Sabah needs more power, and this project is going to help make that happen. Not only will it provide reliable electricity, but it will also create jobs and stimulate economic activity.

Who's Involved?

This project is a joint venture, which means there are multiple players in the game. Joining forces with Gamuda is PowerChina Huadong Engineering Corporation Limited, a major Chinese construction and engineering firm. Together, they form a powerful team.

The Future Looks Bright

With this new contract, Gamuda is proving they're a key player in the construction and energy sectors, not just in Malaysia, but beyond. It's exciting to see how this project unfolds and what it means for the future of Sabah.