As expected, no undersea cables from Bakun - Anil netto

Just as I thought, there are not going to be any submarine cables from the Bakun Dam to the peninsula.
Check out this Edge report here.
It was always going to be a risky, expensive, and ultimately unviable proposition to lay submarine cables across the South China Sea. The project, had it gone ahead, would have been the longest undersea power transmission link and would have entered uncharted territory – an expensive journey into the unknown.
The whole rationale, during the Mahathir administration, for building this jinxed dam was to supply power to the peninsula.
Now that the original justification for the dam is no longer there, what are they going to do with all the power from the Bakun Dam? Has Tenaga now realised that Bakun will be choked with sedimentation in a few years? Check out the warnings here.

But what do do with all that electricity in the meantime?
Why, the idea now is to build power-guzzling industrial plants to absorb the electricity.
This increases the possibility that the electricity from Bakun will now be sold to aluminium smelters in Sarawak.
The Edge report stated the electricity possibly could be sold to smelters being set up by:

• Rio Tinto Alcan together with the Cahya Mata Sarawak group, owned by Sarawak Chief Minister Taib Mahmud’s family, and
• GIIG Holdings Sdn Bhd with Aluminium Corp of China Ltd. (GIIG Holdings being a vehicle of Tan Sri Syed Mokhtar Al-Bukhary.)

Let me get this straight: they spent billions of ringgit on this dam, financed by public funds while displacing already marginalised indigenous communities from their traditional homes and causing enormous environmental damage, so that well-connected large private corporations could set up energy-guzzling smelters and profit from cheap electricity?
I suppose some people have already made their money from the construction of the dam and the logging in and around the site of the dam.
And now they are building another large dam in Murum?