YTL Power International Berhad
YTL Corporation carries out its utilities activities through its subsidiary YTL Power International Berhad (YTLPI), which is listed on the Bursa Malaysia Main Board (Stock Code: 6742, Bloomberg: YTLP MK) with a Market Capitalisation of about RM 5.74 billion (USD 1.37 billion).
Activities in Malaysia
Independent Power Producer
Paka & Pasir Gudang Power Stations
YTLPI is the builder and owner of two gas fired combined cycle power plants with a combined capacity of 1,212 MW for a concession period of 21 years following Malaysia's privatisation policy.
YTL Corporation's wholly-owned subsidiary, YTL Power Services Sdn Bhd is the O&M operator for Paka and Pasir Gudang.
Activities in Australia
ElectraNet Pty Ltd
YTLPI owns a 33.5% stake in ElectraNet Pty Ltd, which owns and operates the power transmission grid for the State of South Australia. ElectraNet operates under a 200-year power transmission concession in the State.
Activities in UK
YTLPI owns a 100% stake in Wessex Water, one of the most efficient water and sewerage operators in the UK. Wessex Water is a utility concession in perpetuity. This significant acquisition represents YTL's first major foray into Europe, and marks the beginning of another exciting chapter in the growth and development of the YTL Group.
Wessex Water is also a three-time winner of the Queen's Award for Enterprise in Sustainable Development.
Activities in Indonesia
PT Jawa Power
YTLPI has a 20% stake in PT Jawa Power which owns a 1,220MW coal-fired power plant located at the Paiton Power Generation Complex in East Java, Indonesia. Jawa Power is the second largest IPP in Indonesia and has a 30-year PPA with PT PLN (Persero), the state-owned electric utility company.
YTLPI's wholly-owned subsidiary, PT YTL Jawa Timur is the O&M operator for Jawa Power.
Activities in Singapore
YTL PowerSeraya Pte Ltd
YTLPI owns a 100% interest in YTL PowerSeraya Pte Ltd, the second largest power generation company in Singapore in terms of installed capacity, with a total licensed capacity of 3,100 MW. PowerSeraya operates under a 30-year licence granted by the Energy Market Authority of Singapore. It also operates its B2C brand, Geneco.