PETALING JAYA: YTL Corp Bhd
, which reported a 15% drop in net profit to RM298.9mil in the last quarter ended June 30 due to slower property sales and lower contributions from its utility business, expects to win a contract extension for its power plant in Paka, Terengganu.
The existing power purchase agreement (PPA) for the Paka power station will expire on Sept 30.
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