YTL Power, a subsidiary of YTL Corporation, generates and sell power as an independent power producer to Tenaga Nasional for uploading onto the National Grid, Malaysia.
YTL Power is the builder, owner and operator of two power plants for a concession period of 21 years following Malaysia's privatisation policy. As the first independent power producer licensed in Malaysia, its power purchase agreement has the best terms offered, which include a take-or-pay clause; which requires Tenaga Nasional to pay a guaranteed amount whether the power is uploaded or not.
In December 2010, YTL Power acquired 30% stake in Eesti Energia's oil shale development project in Jordan.
Read more about YTL Power: Generation Capacity
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“The least one can say of power is that a vocation for it is suspicious.”
—Jean Rostand (1894–1977)