Malakoff Corporation Berhad
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Malakoff Corporation Berhad, also known as Malakoff Corp Bhd, is a leading power generation company in Malaysia. Established in 1975, the company has a long and successful track record of providing reliable and efficient power generation services to the Malaysian market. With a strong focus on decarbonisation and renewable energy, Malakoff Corp Bhd is committed to reducing its carbon footprint and promoting sustainable development in the energy sector.
Malakoff Corp Bhd operates a diversified portfolio of power generation assets, including thermal power plants, gas-fired power plants, and renewable energy facilities. The company's thermal power plants are located in Lumut, Johor, and Prai, with a combined capacity of 3,400 MW. Its gas-fired power plants are located in Kapar, Prai, and Tanjung Bin, with a combined capacity of 2,800 MW. In addition, the company has a growing portfolio of renewable energy assets, including wind farms and solar power plants, with a combined capacity of 200 MW.
One of the key strategies of Malakoff Corp Bhd is to promote decarbonisation and renewable energy in the power generation sector. The company is committed to reducing its carbon footprint by investing in renewable energy and promoting energy efficiency. In 2019, Malakoff Corp Bhd signed a Memorandum of Understanding (MoU) with the Energy Commission of Malaysia to explore the development of renewable energy projects in the country. The MoU aims to promote the use of renewable energy and reduce the reliance on fossil fuels in the power generation sector.
Another important aspect of Malakoff Corp Bhd's business is corporate energy. The company provides energy solutions to corporate clients through its Corporate Power Purchase Agreement (PPA) program. Under this program, Malakoff Corp Bhd supplies renewable energy to corporate clients, enabling them to reduce their carbon footprint and promote sustainable development. The company has signed several Corporate PPA agreements with leading corporations in Malaysia, including Tenaga Nasional Berhad, Petronas, and Sime Darby.
Malakoff Corp Bhd is also committed to promoting renewable energy through its own operations. The company has invested in several renewable energy projects, including wind farms and solar power plants. In 2018, the company completed the construction of a 50 MW wind farm in Tanjung Dawai, Kedah. The wind farm is expected to generate approximately 150 GWh of clean energy per year, reducing carbon emissions by approximately 100,000 tonnes per year.
In addition to promoting renewable energy, Malakoff Corp Bhd is also committed to promoting energy efficiency and reducing waste in its operations. The company has implemented several initiatives to reduce energy consumption and improve efficiency, including the installation of energy-efficient lighting and the use of renewable energy sources in its operations.
Malakoff Corp Bhd is also committed to promoting sustainable development in the communities where it operates. The company has implemented several Corporate Social Responsibility (CSR) initiatives, including education programs, health and safety initiatives, and environmental conservation projects. In 2019, the company launched the Malakoff Community Fund, a program aimed at supporting community development projects in Malaysia.
In conclusion, Malakoff Corp Bhd is a leading power generation company in Malaysia, with a strong focus on decarbonisation and renewable energy. The company is committed to reducing its carbon footprint and promoting sustainable development in the energy sector. Through its Corporate PPA program, the company is enabling corporate clients to reduce their carbon footprint and promote sustainable development. With a diversified portfolio of power generation assets, including thermal power plants, gas-fired power plants, and renewable energy facilities, Malakoff Corp Bhd is well-positioned to meet the growing demand for clean and sustainable energy in Malaysia.