According to financial weekly The Edge, the M$7 bill coal-fired Tanjung Bin power project in Malaysia has been delayed because of a disagreement between the owners and the main contractors over the engineering, procurement and construction contract (EPCC) worth M$4 bill.
SKS Ventures, the owner of Tanjung Bin, was due to sign an EPCC pact with Sumitomo Corp, but the signing was postponed at the last minute. The Edge says SKS Ventures has initiated a fresh round of negotiations for the...
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This complete item is approximately 95 words in length, and appeared in the May/June 2003 issue of CoalTrans International, on page 10.
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