Malakoff gets extension till Dec 2029 for operations of three gas power plants - News Summed Up

Malakoff gets extension till Dec 2029 for operations of three gas power plants


KUALA LUMPUR (Jan 30): Malakoff Corporation Bhd (KL:MALAKOFF) said the Energy Commission has given the nod for its three gas power plants with an aggregate capacity of 2,082MW to continue operations until December 31, 2029. The extensions cover the two plants in Lumut, Perak: 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). The SEV Lumut power plant has been in operation since 1996. The GB3 Lumut power plant commenced operations in 2001 while the Prai power plant commenced operations in 2003. These gas plants represent a long-standing generation base that has consistently supported electricity supply in Peninsular Malaysia over the years.


Source: The Edge Markets January 30, 2026 05:23 UTC



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