Ranhill to tap opportunities in environment, power sectors

GELANG PATAH: Ranhill Holdings Bhd is focused on strengthening prospects for its core businesses by tapping into opportunities in the environment and power sectors, both locally and overseas.

Ranhill president and CEO Tan Sri Hamdan Mohamad said moving forward, it will continue to seek out viable opportunities, both locally and overseas. By 2022, it targets to own and operate gross 1,000 megawatts (MW) power plants that deliver clean energy and 3,000 million litres daily (MLD) water and wastewater treatment capacity of which 700 MLD will be international.

“In regional markets, we are focused on expanding our water and wastewater treatment operations in Thailand, particularly in industrial parks, as well as in China where we have already earmarked pursuits and aim to secure new projects. We are also exploring other markets in the region, which have immense untapped potential, especially as governments scale up efforts to develop sustainable water supply and wastewater treatment systems.”

Meanwhile, to meet the growing demand for electricity in Sabah, together with a strategic partner, it is in the final phase of negotiations involving a 300MW Combined Cycle Power Plant in Sandakan.

It is also pursuing opportunities through proposals with reputable consortia in the Indo-China area with majority participating interest in expanding its power generation footprint.

“Looking ahead, we are confident that with these strategic plans in place and equipped with our strong capabilities and expertise, we are well-positioned to achieve greater growth over the long term,” said Hamdan.