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~ IMPSA Fasst Emerging Major PLayer

Alpen Steel | Renewable Energy


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~ IMPSA Fasst Emerging Major PLayer

IMPSA Fast Emerging Major Player In Malaysia's Renewable Energy Sector

 IMPSA (Malaysia) Sdn Bhd, a global company from Argentina, is fast becoming a major player in the renewable energy sector in Malaysia and South East Asia.

IMPSA President Enrique Pescarmona said the company's manufacturing plant in Lumut was coping well with the contract to manufacture turbines for the Bakun hydro-electric dam project in Sarawak.

He said IMPSA was supplying four hydro-powered turbines for the RM606 million Bakun project, of which RM145 million was for the increase in raw material cost.

"The Lumut plant is also busy with the Macagua hydro-electric project in Venezuela," he told reporters during a visit by Minister of Energy, Green Technology and Water Datuk Peter Chin Fah Kui to IMPSA's manufacturing facility in Lumut.

Active in the hydro generation industry and in port operations in Malaysia since 1989, IMPSA is a joint-venture company between Malaysian Investors and Industrias Metalurgicas Pescarmona S.A (IMPSA).

It has three manufacturing plants globally in Argentina, Brazil and Malaysia.

On new hydro power plant projects in Malaysia, Pescarmona said IMPSA Malaysia was eyeing to participate in the Hulu Terengganu and Hulu Jelai hydro-electric power projects.

In addition to its extensive expertise in the design, production and installation, IMPSA also has the capacity to rehabilitate and upgrade hydro-electric power plants, he said.

He said it had upgraded facilities at the Lumut facility under a RM200 million investment plan for equipment and installation.

Pescarmona said wind power generation was another important area of IMPSA's contribution to renewable energy.

"(In this regard) IMPSA Malaysia is undertaking a research to validate wind data in certain locations to assess wind potential for development," he added.

-- BERNAMA

KUALA LUMPUR, (Bernama) -
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