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.

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 , oil

   

Next In Business News

BNM partners MoF to host GFIEF with 'resilient global Islamic economy' theme
CIMB Group achieves Forward23+ targets despite external uncertainties
MBSB proposes change of name to MBSB Bhd
Ringgit unchanged vs greenback due to wait-and-see mode
Saudi-based ACWA Power keen on investing over US$10bil in Malaysia
Bursa Malaysia to close for Labour Day
Singapore’s Hildrics Capital increases stake in GIIB
AirAsia X achieves 83% passenger load factor in 1Q24
Oppstar partners with Samsung Electronics for industrial integrated circuit production
Iconic Worldwide plans 'bigger and bolder bets' to accelerate growth

Others Also Read