About Us
We provide communities around the world with necessities such as electricity, clean water, efficient sewerage systems and the latest communication services of the highest quality. Our job is to ensure that the simple things you rely on to work every day, do work.
History
YTL Power International is Malaysia's first Independent Power Producer (IPP). In 1993, our wholly-owned subsidiary, YTL Power Generation Sdn Bhd, was awarded Malaysia's first IPP licence for the Paka and Pasir Gudang Power Stations following the Malaysian Government's decision to privatise the country's power industry.
The Paka and Pasir Gudang Power Stations utilise combined cycle gas turbine technology and have a combined generation capacity of 1,212 MW. YTL raised RM2.66 billion to finance the project, the largest private, Ringgit-denominated funding at that time. The project's financing solution which was critical to its success also included the first long-dated bond issue for a greenfield project (RM1.5 billion) which was fully subscribed by the Employees Provident Fund (EPF).
Milestones
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2010
November. YTL Communications Sdn Bhd, a 60%-owned subsidiary of YTL Corporation Berhad, launches YES, the world's first fully converged 4G Mobile Internet service with voice, in Kuala Lumpur.
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2009
March. YTL Power International acquires a 100% equity interest in PowerSeraya Ltd, Singapore, a multi-utility company with a licenced generation capacity of 3,100 MW, supplying over 25% of Singapore's power.
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2004
December. YTL Power International expands to Indonesia through a 35% equity interest in Jawa Power, which owns a 1,220 MW power station at the Paiton Power Generation Complex in Java.
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2002
May. YTL Power International makes its first foray into Europe, acquiring a 100% equity interest in Wessex Water, which supplies water to 1.3 million customers and wastewater services to 2.6 milion customers over an area of 10,000 square kilometres in south-west England.
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2000
December. YTL Power International acquires a 33.5% interest in ElectraNet, an electricity transmission company that owns and operates the power transmission grid in South Australia under a 200-year government concession.
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1997
May. YTL Power International is listed on the Main Board of the Kuala Lumpur Stock Exchange (now the Main Market of Bursa Malaysia).
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1995
September. YTL Power International's natural gas-fired combined cycle power stations in Paka, Terengganu and Pasir Gudang, Johor, are fully commissioned and commence operations.
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1993
April. YTL Power International is awarded the first Independent Power Producer (IPP) licence in Malaysia. Six months later, RM2.66 billion is raised from domestic financial markets.
