Key deals inked for 162MW hydropower plant in Sipitang
KOTA KINABALU (April 30): Jentayu Sustainables Berhad (JSB) has announced the successful exchange of key project documents for Project Oriole, its 162MW run-of-river hydropower project located at Hulu Sungai Padas, Sipitang.
The ceremony, held today, was witnessed by Deputy Chief Minister Datuk Shahelmey Yahya who represented Chief Minister Datuk Seri Panglima Hajiji Noor.
The ceremony marked the formal exchange of the Power Purchase Agreement (PPA) between Oriole Hydro Padas Sdn Bhd (OHP) and Sabah Electricity (SE) and the Engineering, Procurement, Construction and Commissioning (EPCC) contract between OHP and a consortium led by XD Power Transmission Sdn Bhd (XD Power).
Project Oriole is a landmark private sector renewable energy investment for Sabah, aligning with the state's commitment to clean, sustainable development to support its economic ambitions.
Developed through OHP, the project is a collaborative effort between JSB, Sabah Electricity and Yayasan Sabah, reflecting a shared commitment to ensuring that the project's long-term benefits are anchored within the state.
Project Oriole is also the first new plant PPA signed under ECoS, marking the State's continuous efforts to meet the rising demand for reliable electricity.
Scheduled to commence commercial operations by 1st June 2029 under a 40-year concession agreement with Sabah Electricity, Project Oriole will deliver renewable energy at a competitively set tariff of 31.5 sen per kilowatt-hour.
This long-term tariff positions the project among the most affordable green energy initiatives in the region and highlights Sabah's ability to generate cost-effective, clean electricity while further strengthening the state's commitment to enhancing energy security.
JSB Executive Chairman Datuk Beroz Nikmal Mirdin said, 'We are honoured to complete the PPA and EPCC exchange here in Sabah. This milestone underscores our dedication to advancing Sabah's Energy Roadmap 2040 and reflects our confidence in delivering affordable, green infrastructure that benefits both the state and its people.
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