Waiting For The Smoke To Clear: Direct Awards For Power Plants

Tadmax Resources was recently given a direct award to build a 1,000 MegaWatt combined-cycle gas power plant in Pulau Indah. This direct award has come under a lot of scrutiny - so much so that the government has come out to justify its decision. Chris Eng, Head of Research of Etiqa Insurance and Takaful discusses how direct awards impact the power sector, and the trickle-down effect to the consumer.