Global Trade Alert
Global Trade Alert

Malaysia: Malaysia Development Bank Provided RM 2.7 billion to Pulau Indah Power Plant Sdn. Bhd

Announcement

29 Mar 2021

In March 2021, the Malaysia Development Bank provided RM 2.7 billion (USD 650.9 million) financing to Pulau Indah Power Plant Sdn. Bhd to finance a 1,200 MW combined-cycle gas turbine power plant project in Pulau Indah, Selangor.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Mar 2021

Revocation date:

No revocation date

Updated: 29 Mar 2021
State loan In force

On 29 March 2021, the Malaysia Development Bank (BPMB) provided RM 2.7 billion (USD 650.9 million) in financing to Pulau Indah Power Plant Sdn. Bhd (PPIP) along with Maybank Islamic Berhad (MIB) an...

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