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Utilities: Energy

WHB’s interest in the lucrative utilities business is by virtue of it’s 25% equity interest in Kuala Langat Power Plant (KLPP). KLPP, an independent power producer, is the owner and operator of a 762 MW co-generation power plant at Kuala Langat, Selangor.

The electricity generated is sold to Tenaga Nasional Berhad under a 21 -year Power Purchase Agreement. WHB plans to expand its foothold in the utilities business and is on the look out for utilities-related ventures that can generate long term and steady income streams.