Ranhill expects second Sabah power plant to be completed by next year

KUALA LUMPUR: Ranhill Bhd expects its second 190-megawatt combined cycle gas turbine power plant in Sabah (Powertron II), to be completed by the end of next year, said its president and chief executive, Tan Sri Hamdan Mohamad.He said the combined capacity of Powertron I and Powertron II of 380 megawatt, will establish the group as the largest independent power producer (IPP) in Sabah.

The Powertron II is 100 per cent owned by Ranhill, Hamdan told reporters after the company’s annual general meeting, here yesterday.

He said Ranhill had a 60 per cent stake in Powertron I with the remaining equity held by the Sabah Energy Corporation Sdn Bhd, a company owned by the state government.

The 190-megawatt Powertron I is already in operation.

Asked about its water and sewerage business, Hamdan said Ranhill would be focusing on expanding into China and India.

He said the company had six to seven concessions in China, three 20-year concessions in Thailand for water, wastewater and recycled water projects at Amata Nakorn Industrial Park, one in India and a service contract in Saudi Arabia. — Bernama

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