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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“It has been the struggle between privileged men who have managed to get hold of the levers of power and the people in general with their vague and changing aspirations for equality, for justice, for some kind of gentler brotherhood and peace, which has kept that balance of forces we call our system of government in equilibrium.”
—John Dos Passos (1896–1970)