Jentayu Inks Project Development Collaboration Agreement With Sumitomo Corporation
Jentayu Inks Project Development Collaboration Agreement With Sumitomo Corporation
It was previously reported that the project is expected to be completed by end of 2027 or by early 2028.Jentayu Sustainables Berhad, together with its wholly owned subsidiary Oriole Power Sdn Bhd, have entered into a project development collaboration agreement (PDCA) with Sumitomo Corporation for the development of Project Oriole, a 162-megawatt run-of-river hydropower plant in Sipitang, Sabah.
Jentayu可持续能源，连同其全资子公司Oriole Power有限公司，已与住友商事株式会社签署了一个项目开发合作协议(PDCA)，共同开发斯里班士士比颜大区Sipitang的一座拥有162兆瓦的河流式水力发电厂Oriole项目。
The PDCA will also serve to enhance the existing collaboration between the Jentayu and Sumitomo. The PDCA includes the following salient points a re-emphasis on the key clauses in the memorandum of understanding and subsequent deed of amendments signed with Sumitomo on July 20, 2023, and May 21, 2024, respectively; option for Sumitomo to contribute in advance towards the development cost of the project for an amount up to RM12.4 million and deeper collaboration with Sumitomo on key decisions of the project.
PDCA还将促进Jentayu和住友之间现有的合作关系。 PDCA包括以下主要内容，即强调与住友于2023年7月20日和2024年5月21日分别签署的谅解备忘录和后续修订协议中的关键条款；住友有权选择在项目开发成本提前贡献高达1240万林吉特，以及与住友加深在项目的关键决策上的合作。
Project Oriole is the development of two hydropower plants in Sabah's Sipitang district, along Sungai Maligan and Hulu Sungai Padas — that is estimated to cost RM2.77 billion.
Oriole项目是在沙巴Sipitang区开发两座水电厂，分别位于Sungai Maligan和Hulu Sungai Padas河流，估计总成本为27.7亿令吉。
It was previously reported that the project is expected to be completed by end of 2027 or by early 2028.
此前曾报道称，该项目预计将于2027年底或2028年初完成。