Genting set for an energy booster

Genting president Datuk Seri Tan Kong Han said the potential returns on investments on these new projects are forecast to be in the double-digits

KUALA LUMPUR: Genting Bhd, via its various subsidiaries, will be involved in the energy sector in a bigger way.

The group yesterday announced it had acquired a 49% equity stake to own and develop two units of 745 megawatts (MW) gas-fired power plants located at ZhouShan, Greater Shanghai Area in the Zhejiang province in China.