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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
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

Malaysia-Japan trade set to rise this year - Tengku Zafrul
Global trading platform Webull expands to Malaysia
Maybank 1Q earnings up 9.8% on higher core fees
MPI set for strong show
Investors rush to grab piece of US$1.8 trillion UK pensions pie
Starwood’s US$10bil REIT turns to survival mode as pain lingers
Damned if you do, damned if you don’t
US stock changes affect Asia forex trades
Consistency in a sea of change
Impact of AI on jobs

Others Also Read