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.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

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

Boon or bane?
Bane or boon?
Staying RE-laxed in Malaysia
GDP growth on track with 5.3% 3Q expansion
Planters on better footing for monsoon
Beware the tax
It looks terrific for terraced houses
HR challenges in strata property
Ringgit to see tight trading amid cautious mode next week
PM Anwar: RM1.24bil potential export to Peru generated

Others Also Read