2018 | Quarter 3

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Malakoff’s Tanjung Bin Power Plant

Signs Coal Ash Offtake Agreement with G-Cast

Tanjung Bin Power Sdn Bhd, a subsidiary of Malakoff Corporation Berhad (Malakoff), a member of MMC Group, has entered into a Coal Ash Offtake Agreement (Agreement) with G-Cast Concrete Sdn Bhd (G-Cast) for the collection of coal ash from its Tanjung Bin Power Plant (TBPP) in Pontian, Johor Darul Takzim. With the agreement, G-Cast will collect coal ash from TBPP for a period of ten (10) years, with an option to extend for an additional three (3) years.

The said Agreement will take into effect after G-Cast obtains all the necessary approvals from the authorities, within six (6) months from the signing of the Agreement.

Commenting on the Agreement, YBhg Dato’ Ahmad Fuaad Kenali, Chief Executive Officer of Malakoff said, “The third-party offtake agreement is part of Malakoff’s sustainability initiatives to recycle the ash generated from the 2,100MW coal-fired power plant into construction material such as sand replacement as practiced in Europe and Japan.”

“In addition, this is also part of Malakoff’s long-term plan to avoid the need for continuous expansion of the ash ponds and to save costs related to expansion and maintenance of the ash ponds,” he added.