The Malakoff Story: Malaysia's Multinational Independent Power and Water Company
Malakoff started off as a plantation-based company that was incorporated on 9 October 1975 as Malakoff Berhad (MB). It was then listed on the Main Board of the Kuala Lumpur Stock Exchange (now known as Bursa Malaysia) in 1976. A shift in its corporate direction resulted in the disposal of its plantation-based assets in October 1993 and the subsequent venture into the power sector.
In July 1996, Lumut Power Plant entered its commercial operations, marking Malakoff’s start as an independent power producer. The 1,303 MW complex was later expanded with the completion of the 640 MW GB3 Power Plant within its vicinity.
Today, Malakoff is the largest independent power producer (IPP) in Malaysia and Southeast Asia with a total effective power generation capacity of 6,346 MW, giving it a commanding 29% market share of the total installed capacity in Peninsular Malaysia.
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As we grow our power generation and international independent water production portfolio as well as extend our international footprint, Malakoff is making a move from being a domestic player into a leading multinational power generator and water producer.
Today, Malakoff has diversified its geographic presence to include its operations in Kingdom of Saudi Arabia, Algeria, Bahrain, Oman and Australia. Internationally, it has a total effective capacity of 690 MW and 444,800 m3 per day in terms of effective power generation and water production capacity.
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