KOTA KINABALU – Sabah Electricity Sdn Bhd (SESB) will undergo a major restructuring to ensure it remains competitive and is able to provide the best services to the people.
Deputy Chief Minister Datuk Seri Bung Moktar Radin said the company has outlined five key result areas towards this end.
They are: focusing on incentive-based regulation starting January next year, supply security, improving customer satisfaction, increasing cash flow, and organisational transformation.
“The company has been incurring losses, as well as facing inadequate supply and power outages. Hence, we have discussed with the ministry at the federal level to restructure SESB, and this has been agreed upon,” he told a press briefing at the state Works department headquarters here today.
“When SESB is able to bounce back, only then will we take over (ownership) and manage electricity supply ourselves. It is hoped that all (processes) can be settled in five to six years.”
He expressed hope that the Sabah Energy Commission and state Sustainable Energy Development Authority can be established so as to manage power supply more efficiently.
To resolve the supply problem in the state’s east coast, a new independent power producer (IPP) project with a quota of 1,000 megawatts (MW) and utilising gas generation will be implemented.
Putrajaya has given a quota of 300MW for electricity generation in the area while waiting for the IPP to be realised.
Bung Moktar said the 300MW power generation is temporary, adding that it will cost RM1 billion and be completed in a year to 1½ years.
“The 1,000MW IPP will then be launched either in Sandakan, Tawau or Lahad Datu.” – Bernama, November 13, 2020
