Malakoff announces extension of 2,082GW gas power supply


KUALA LUMPUR: Three gas power plants belonging to Malakoff Corp Bhd with an aggregate capacity of 2,082MW have been selected for the extension of their operaitons until Dec 31, 2029.

In a statement, the independent power producer said the Energy Commission has given these extensions, which enable the plants to continue supplying electricity to the national grid.

The plants in question include two plants in Lumut, Perak, namely the 1,303MW Combined Cycle Gas Turbine (CCGT) power plant

owned by Segari Energy Ventures Sdn Bhd (SEV) and the 429MW Open Cycle Gas Turbine

(OCGT) power plant owned by GB3 Sdn Bhd (GB3); as well as the 350MW CCGT Prai

Power Plant in Pulau Pinang, owned by Prai Power Sdn Bhd (PPSB). 

It said new power purchase agreements (PPA) will be entered into with Tenaga Nasional Bhd for each plant, allowing Malakoff to generate the required capacity and deliver electricity throughout the

extension period.

Malakoff group CEO Syahrunizam Tan Sri Samsudin said the extension is a necessity and reflects a practical and responsible approach to meeting Malaysia’s energy

needs.

“These power plants have supported the national grid with a consistent performance record over many years. Extending their operations allows proven gas-fired facilities to continue contributing reliable and flexible capacity, particularly during periods of strong demand. 

"This supports energy security while making effective use of existing infrastructure in a cost-efficient manner.”

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Malakoff , IPP , power , energy , gas , EC

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