Engineering
8 years ago

Privatization of Power Industry in Malaysia Sparks Economic Growth and Competition.

Development of privatized power industry in Malaysia
Ayesha Akhtar

Paper Summary

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The article discusses how Malaysia has allowed private companies to build and run power plants to meet the country's increasing electricity demand. This move aims to create competition and efficiency in the power industry. The paper gives a history of private power generation in Malaysia and details technical, financial, and commercial aspects of private power projects. It also looks at a case study of a gas turbine power plant project by Powertek, highlighting the challenges faced by the project owners.