Regional Coal: Malaysia's Jimah to build 1,400 MW coal-fired power plant

Malaysian firm Jimah Energy Ventures Sdn Bhd has picked a group of Japanese firms led by Sumitomo Corp to build a 1,400 MW coal-fired power plant in Negeri Sembilan, a source involved in the deal said Thursday.

The group, which also includes Ishikawajima-Harima Heavy Ind-ustries Co Ltd and Toshiba Corp, has started preliminary works for the power plant, to be located in Negeri Sembilan, whose royal family owns power firm Jimah Energy.

?The letter from Jimah was sent recently and the target is to sign the contract by the middle of the year,? the source told Reuters.

The plant is scheduled to come online in January 2009.(*)