OTHERS GENTING BERHAD, VIA ITS INDIRECT JOINT VENTURE COMPANY, SDIC GENTING MEIZHOU WAN ELECTRIC POWER COMPANY LIMITED, SUCCESSFULLY HANDED OVER ITS 2 X 393MW SUBCRITICAL COAL- FIRED POWER PLANT UNDER THE BUILD, OPERATE, TRANSFER SCHEME IN FUJIAN, CHINA TO THE FUJIAN LOCAL GOVERNMENT UPON THE EXPIRY OF THE 21.5 YEARS POWER PURCHASE AGREEMENT ON 30 JUNE 2025
| GENTING BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | GENTING BERHAD, VIA ITS INDIRECT JOINT VENTURE COMPANY, SDIC GENTING MEIZHOU WAN ELECTRIC POWER COMPANY LIMITED, SUCCESSFULLY HANDED OVER ITS 2 X 393MW SUBCRITICAL COAL- FIRED POWER PLANT UNDER THE BUILD, OPERATE, TRANSFER SCHEME IN FUJIAN, CHINA TO THE FUJIAN LOCAL GOVERNMENT UPON THE EXPIRY OF THE 21.5 YEARS POWER PURCHASE AGREEMENT ON 30 JUNE 2025 |
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The Board of Directors of Genting Berhad ("Company") is pleased to announce that the Company's 49% owned indirect joint venture company, SDIC Genting Meizhou Wan Electric Power Company Limited ("SDICG MZW") has successfully handed over its 2 x 393MW subcritical coal-fired Meizhou Wan Power Plant ("MZW Phase I"), to Fujian Investment & Development Group Co., Ltd. ("Shengtou") at 23.59pm on 30 June 2025. MZW Phase I has been operating since 1 January 2004, under a 21.5-year Build-Operate-Transfer ("BOT") power purchase agreement.
Please refer to the attached Press Release for further details.
This announcement is dated 1 July 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | GENTING BERHAD |
| Stock Name | GENTING |
| Date Announced | 01 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01072025-00055 |