Ranhill to expand power business in South-East Asia

Growth opportunities: A file picture showing Ranhill’s power plant in Rugading, Sabah. Ranhill is looking into some potential projects in the region, particularly in Myanmar, Thailand and Cambodia.

KUALA LUMPUR: Ranhill Holdings Bhd plans to expand its power business in South-East Asia in a bid to increase its revenue contribution to the group to 50% from the current 30%.

The group also intends to beef up its power plant capacity to 1,000 megawatts (MW) in the next three years from 380MW currently, said its power division chief executive officer Zahrul Faizi Hussien.