KUALA LUMPUR, May 8 — Ranhill Holdings Bhd will continue to seek viable opportunities locally and overseas to expand its business, said President and Chief Executive Tan Sri Hamdan Mohamad.

He said there were strong prospects ahead that the company was well-poised to capitalise on, particularly given the global push towards clean water and clean energy.

“In regional markets, we are focused on expanding our water and wastewater treatment operations in Thailand, particularly in industrial parks, as well as in China where we had already earmarked pursuits and aim to secure new projects,” he said in a statement today.

Hamdan said the company was also exploring other regional markets which had immense untapped potential, as governments scale up efforts to develop sustainable water supply and wastewater treatment systems.

By 2022, he said Ranhill had targeted to own and operate gross 1,000 megawatts (MW) power plants that deliver clean energy and 3,000 million litres per day (MLD) water and wastewater treatment capacity, out of which 700 MLD will be international.

For the environment sector in Malaysia, Ranhill will continue to play a significant role in the development of Johor utilities infrastructure with the renewal of SAJ Ranhill Sdn Bhd’s licence.

“It is testament to the excellent track record we have set in Johor in providing efficient and affordable source-to-tap services. At a loss of only 0.017 MLD per kilometre (km), Johor has the lowest non-revenue water per km of pipe length in the country,” said Hamdan.

Ranhill, which is the largest independent power producer in Sabah, is in the final stage of negotiations with a strategic partner involving a 300MW combined cycle power plant in Sandakan.

“In addition, we have acquired a 26.7 per cent stake in Tawau Green Energy, with the aim of developing a 37MW geothermal power plant in Tawau, Sabah.

“We are also pursuing opportunities through proposals with reputable consortia in the Indo-China area, with majority participating interest in expanding our power generation footprint,” he added. — Bernama