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2019-09-19 09:40 | Report Abuse
A power purchase agreement (PPA) is a legal contract between an electricity generator (provider) and a power purchaser (buyer, typically a utility or large power buyer/trader). Contractual terms may last anywhere between 5 and 20 years, during which time the power purchaser buys energy, and sometimes also capacity and/or ancillary services, from the electricity generator. Such agreements play a key role in the financing of independently owned (i.e. not owned by a utility) electricity generating assets. The seller under the PPA is typically an independent power producer, or "IPP."
2019-09-17 23:23 | Report Abuse
Wait and see.
In the next few month Tadmax as Independent Power Producer (IPP) will sign Power Purchase Agreement with Tenaga Nasional Berhad that will last for 21 year (minumum). Can extend up to 25 year.
It will guarantee Tadmax at least RM100 million fix income every month. Same like YTL Power received it in 1993 as a IPP.
For Power Plant project that will cost RM3.5 billion, it will generate fix income of RM1 billion per year.
With KEPCO from Korea, one of the biggest utility company in the world as a shareholder, this project will go smoothly
Stock: [MAXIM]: MAXIM GLOBAL BERHAD
2019-09-19 09:42 | Report Abuse
Please refer to history of YTL power projext before this...how do they built a dynasty of riches person in malaysia