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Costs at Bakun dam set to balloon

Costs at the RM7.3bil Bakun dam project are set to ballon with every step in the delay in impoundment and power supply to Sarawak, said Sarawak Hidro Sdn Bhd managing director Zulkiflie Osman. Starting next year, an additional interest payment of RM10mil per month will be incurred as the dam is already five mnths behind schedule for flooding. It akes seven months from the impoundment date forh te dam to reach its minimum operating level to generate power. - The Star