Sarawak Energy Berhad
Sarawak Energy Berhad is a fully integrated electric utility responsible for the generation,transmission and distribution of electricity in the state of Sarawak. Sarawak,being the largest state in Malaysia,has over 20,000MW of identified hydro potential, ensuring plentiful and reliable energy for the future at very competitive prices. With solid financial credentials,Sarawak Energy looks set to fulfill the State's ambition to attract energy industries to Sarawak. Sarawak Energy is now being transformed into a major energy and utility player in Sarawak as well as in the region via the consolidation of the State power generation, transmission, the power and energy provider, spearheading the thrust as the State's flagship energy and utility group,hence complementing the rapid development growth of Sarawak. In line with the State Government's plans to make Sarawak Energy Berhad a catalyst of growth, the utility is proceeding with the development of large hydropower projects to deliver bulk energy reliably at relatively low costs. Besides the federal funded 2,400MW Bakun hydroelectric project which is due to commence generation in 2011, the construction of the 944MW hydro-power plant in Murum is already underway. Plans are in the offing to develop eight other power (7 hydro and 1 coal) plants in the near future. The company is expected to invest 5-8 billion USD until 2020 to achieve this.