YTL Power
Encyclopedia
YTL Power, a subsidiary of YTL Corporation, generates and sell power as an independent power producer to Tenaga Nasional
for uploading onto the National Grid, Malaysia
.
YTL Power is the builder, owner and operator of two power plants for a concession period of 21 years following Malaysia's privatisation policy. As the first independent power producer licensed in Malaysia, its power purchase agreement
has the best terms offered, which include a take-or-pay clause; which requires Tenaga Nasional
to pay a guaranteed amount whether the power is uploaded or not.
In December 2010, YTL Power acquired 30% stake in Eesti Energia
's oil shale development project in Jordan
.
YTL Power generates electricity mainly from two combined cycle power stations; using both steam turbine and gas turbine.
The company owns and operates the following power plants with installed capacity of:
Tenaga Nasional
Tenaga Nasional Berhad is the largest Electric utility company in Malaysia and also the largest power company in Southeast Asia with MYR 69.8 billion worth of assets. It serves over seven million customers throughout Peninsular Malaysia and also the eastern state of Sabah through Sabah Electricity...
for uploading onto the National Grid, Malaysia
National Grid, Malaysia
National Grid, Malaysia is the high-voltage electric power transmission network in Peninsular Malaysia. It is operated and owned by Tenaga Nasional Berhad by its Transmission Division...
.
YTL Power is the builder, owner and operator of two power plants for a concession period of 21 years following Malaysia's privatisation policy. As the first independent power producer licensed in Malaysia, its power purchase agreement
Power Purchase Agreement
Power Purchase Agreements are contracts between two parties, one who generates electricity for the purpose of sale and one who is looking to purchase electricity . There are various forms of Power Purchase Agreements; these are differentiated by the source of energy harnessed...
has the best terms offered, which include a take-or-pay clause; which requires Tenaga Nasional
Tenaga Nasional
Tenaga Nasional Berhad is the largest Electric utility company in Malaysia and also the largest power company in Southeast Asia with MYR 69.8 billion worth of assets. It serves over seven million customers throughout Peninsular Malaysia and also the eastern state of Sabah through Sabah Electricity...
to pay a guaranteed amount whether the power is uploaded or not.
In December 2010, YTL Power acquired 30% stake in Eesti Energia
Eesti Energia
Eesti Energia AS is a state-owned energy company in Estonia with its headquarters in Tallinn. The company operates in Estonia, Latvia, Lithuania, Finland and Jordan. In Estonia the company operates under the name Eesti Energia, while using the brand name Enefit for international operations...
's oil shale development project in Jordan
Oil shale in Jordan
Oil shale in Jordan represents a significant resource. Oil shale deposits in Jordan underlie more than 60% of Jordanian territory, with the total resources estimated at 40 to 70 billion tonnes of oil shale. The deposits include a high quality marinite oil shale of Late Cretaceous to early...
.
Generation capacity
The total generation capacity is 1,212 MW.YTL Power generates electricity mainly from two combined cycle power stations; using both steam turbine and gas turbine.
The company owns and operates the following power plants with installed capacity of:
- YTL Paka power station, PakaPakaPaka is a coastal town facing the South China Sea in the state of Terengganu in Malaysia. Paka is now a busy town thriving on oil and gas activity near Kerteh. Paka is more popularly known as the home for the largest power station in Malaysia run by the national power company, Tenaga Nasional...
, TerengganuTerengganuTerengganu is a sultanate and constitutive state of federal Malaysia. The state is also known by its Arabic honorific, Darul Iman...
- 808 MW - Pasir Gudang power station, Pasir GudangPasir GudangPasir Gudang is an industrial town located 35 km east of Johor Bahru in Malaysia . It is the eastern end of the Johor Bahru metropolitan area. The population is around 100,000. It is connected by the 4 lane Pasir Gudang Highway, a trunk road, and a railway line to Johor Bahru...
, JohorJohorJohor is a Malaysian state, located in the southern portion of Peninsular Malaysia. It is one of the most developed states in Malaysia. The state capital city and royal city of Johor is Johor Bahru, formerly known as Tanjung Puteri...
- 404 MW