YTL Power lines up 5.2 GW gas build, US firms among potential off-takers
KUALA LUMPUR: YTL Power International Bhd is planning more than 5.25 gigawatts (GW) of new gas-fired power generation capacity across Malaysia and Southeast Asia, a major expansion driven by surging electricity demand from artificial intelligence (AI) and data centres.
KUALA LUMPUR: YTL Power International Bhd is set to invest over 5.25 gigawatts (GW) in new gas-fired power generation facilities across Malaysia and Southeast Asia, a significant expansion spurred by escalating electricity demand from artificial intelligence (AI) and data centres. The projects, spread across Malaysia, Indonesia, Thailand, and Vietnam, could entail an investment exceeding RM42 billion.
Major technology firms and US-based hyperscale data centre operators are anticipated to take on the generated power. The expansion could elevate YTL Power's total installed capacity to over 11GW by 2030, bolstering its regional power generation presence alongside its burgeoning data centre and AI infrastructure businesses. YTL Power's strategic alliance with Nvidia plays a pivotal role in this expansion.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
