Ranhill tipped for another IPP, a 300 MW power plant in Sabah


Growth opportunities: Ranhill’s power plant in Rugading, Sabah. In Sabah, electricity consumption is expected to grow from 5,517 GWh in 2015 to 6,971 GWh in 2019 at a compounded annual growth rate of 6, presenting growth opportunities for IPPs such as Ranhill.

PETALING JAYA: Water and power generation company Ranhill Holdings Bhd, which is already the largest independent power producer (IPP) in Sabah, is poised to secure a mandate for another third combined-cycle power plant in the state.

According to industry sources, the Energy Commission (EC) was looking favourably at a proposal to give Ranhill the job to construct, commission and operate a 300MW combined-cycle plant.

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Business , Ranhill , IPP , plant , Sabah , power , 300 MW , Energy , Commission , stocks , shares ,

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