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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Ranhill , IPP , plant , Sabah , power , 300 MW , Energy , Commission , stocks , shares ,

Next In Business News

Required low-carbon investment for OIC averages 1.4% of GDP - Bank Negara deputy governor
MPOB to introduce used cooking oil reference price in 1Q 2026
Bank rally keeps FBM KLCI at multi-year highs
Malaysia's property sector to shift to fundamental- driven growth - Knight Frank
Semico Capital achieves 80% premium over IPO price, raises RM23.2mil
Asia stocks climb as Nikkei jumps to record, earnings loom
Australian, New Zealand dollars rise on yen outflows, weak greenback
Amanda Lacaze to retire as Lynas CEO, MD
Japan's Nikkei hits all-time high on Wall Street rally, snap election bets
Ringgit extends gains against US$ at opening

Others Also Read