 | |
| Type | Public limited company |
|---|---|
| MYX: 5264 | |
| ISIN | MYL5264OO006 |
| Industry | Power |
| Founded | 9 October 1975 |
| Headquarters | , |
Number of locations | 5 power stations |
Area served | Malaysia, Saudi Arabia, Bahrain, Oman |
Key people | Anwar Syahrin Abdul Ajib (Managing Director/CEO) |
| Products | Electricity Water |
| Revenue |  RM$7.42 billion (FY 2019) |
| RM$320.15 million (FY 2019) | |
| Total assets |  RM$26.56 billion (FY 2019) |
Number of employees | 994[1] |
| Website | www |
Malakoff Corporation Berhad (MYX: 5264 is a Malaysian power company and a member of the MMC Group. A sustainably-driven multinational energy generation and environmental solutions company, Malakoff is committed to enhancing lives and enriching communities. It is Malaysia’s largest Independent Power Producer (“IPP”) with a generating capacity of 6,953 MW through thermal plants in Malaysia and generating capacity of 151 MW in Renewable Energy. Through its subsidiary, Alam Flora Sdn Bhd, Malakoff is also one of the country’s leading environmental services companies, managing waste volume of 5,748 tonnes per day.
Malakoff has established an international footprint of innovative solutions, notably through its power generation and water desalination ventures in Saudi Arabia, Bahrain, and Oman.
Currently in its next transformational stage, Malakoff is driving change to realise the Nation’s ambitions of carbon neutrality and a circular economy through its three core entities; Malakoff Green Solutions for renewables through solar, small hydro, biogas, biomass and carbon-free mobility infrastructure; Malakoff Environmental Solutions for solid waste management and public cleansing, infrastructure cleaning and waste solutions, integrated facility management, recycling, marine and hazardous waste solutions, water desalination and Waste-to-Energy projects; and Malakoff Energy for thermal power generation assets, operations and maintenance, electricity distribution and district cooling system.
In its pursuit of a cleaner and greener world, Malakoff is dedicated towards fostering collaboration, sharing of knowledge, and leveraging collective expertise to create a more sustainable and resilient future for all.
Power generation capacity
Malakoff generates electricity mainly from two major types of plant; steam turbine thermal plants and gas turbine plants.
The company owns and operates the following power plants:
- SEV Power Plant in Segari, Perak with 1,303 MW capacity. Malakoff has 93.75% equity interest in the plant owner Segari Energy Ventures Sdn. Bhd. (SEV).
- Prai Power Plant, Butterworth, Pulau Pinang, with 350 MW; held through its wholly owned subsidiary, Prai Power Sdn. Bhd.
- Tanjung Bin Power Plant, Tanjung Bin, Johor with 2,100 MW; with 90% share in plant owner Tanjung Bin Power Sdn. Bhd.
- Tanjung Bin Energy Power Plant, Tanjung Bin, Johor with 1,000 MW; held through its wholly owned subsidiary, Tanjung Bin Energy Sdn. Bhd.
- Kapar Power Plant, Kapar, Selangor - a 2,420 MW coal, oil and gas-fired plant, with a 40% share (associate power plant in which Malakoff has equity. The capacity of these plant is listed under the majority shareholder.)
The company's total effective generation capacity is 5,822 MW.
See also
References
- ↑ "Annual Report 2019". Bursa Malaysia.