Malakoff Corporation Berhad | |
Type: | Public limited company |
Industry: | Power |
Location City: | Kuala Lumpur |
Location Country: | Malaysia |
Locations: | 6 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) |
Net Income: | RM$320.15 million (FY 2019) |
Assets: | RM$26.56 billion (FY 2019) |
Num Employees: | 994[1] |
Subsid: | Malakoff Power Berhad, Teknik Janakuasa Sdn Bhd, Berhad, Malakoff Utilities Sdn Bhd, Malakoff Engineering Sdn Bhd, Alam Flora Sdn Bhd |
Malakoff Corporation Berhad ("Malakoff") is an independent water and power producer (“IWPP”) with core focus on power generation, water desalination, operation & maintenance and waste management and environmental services. In Malaysia, Malakoff is the largest independent power producer (“IPP”) with a net generating capacity of 5,822 MW from its six power plants.
International assets include power and water ventures in Saudi Arabia, Bahrain and Oman, with an effective capacity of 588 MW of power and 472,975 m3/day of water desalination. Malakoff is also actively looking to venture further in the fast growing Middle East and North African region as well as the South-East Asian markets.
Through its wholly owned subsidiary, Teknik Janakuasa Sdn Bhd, Malakoff has involvements in operation & maintenance services locally and in Saudi Arabia, Algeria, Kuwait, Oman and Indonesia.
In 2019 Malakoff completed the acquisition of a 97.37% interest in waste management company Alam Flora Sdn Bhd from DRB-Hicom for RM869 million.[2]
Malakoff is a member of the MMC Group.
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:
The company's total effective generation capacity is 5,822 MW.