Potential offtaker

Mega First Corporation Berhad

www.mega-first.com

Estimated electricity consumption

N/A

Countries of production presence

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Mega First Corporation Berhad is a Malaysian company that operates in the power generation sector. The company was founded in 1974 and is headquartered in Kuala Lumpur, Malaysia. Mega First Corporation Berhad is a publicly listed company that is traded on the Bursa Malaysia stock exchange.

The company's main business is the generation of electricity through the use of hydropower plants. Mega First Corporation Berhad owns and operates three hydropower plants in Malaysia, which have a combined capacity of 746 megawatts (MW). The company also has a 51% stake in a hydropower plant in Laos, which has a capacity of 260 MW.

Mega First Corporation Berhad is committed to decarbonisation and reducing its carbon footprint. The company recognizes the importance of renewable energy sources and has made significant investments in this area. The company's hydropower plants generate clean, renewable energy, which helps to reduce Malaysia's reliance on fossil fuels.

In addition to its commitment to renewable energy, Mega First Corporation Berhad is also focused on corporate energy management. The company has implemented a number of initiatives to reduce its energy consumption and improve its energy efficiency. These initiatives include the use of energy-efficient lighting, the installation of solar panels, and the implementation of energy management systems.

Mega First Corporation Berhad is also actively involved in corporate power purchase agreements (PPAs). These agreements allow companies to purchase renewable energy directly from energy producers, rather than relying on the grid. Mega First Corporation Berhad has signed several corporate PPAs with companies in Malaysia, which has helped to increase the demand for renewable energy in the country.

One of the company's most significant projects in the renewable energy sector is the development of a 30 MW solar power plant in Kedah, Malaysia. The plant will be one of the largest solar power plants in the country and will generate clean, renewable energy for the national grid. Mega First Corporation Berhad is also exploring the development of other renewable energy projects, including wind power and biomass.

In addition to its focus on renewable energy, Mega First Corporation Berhad is also committed to corporate social responsibility (CSR). The company has implemented a number of initiatives to support the communities in which it operates. These initiatives include the provision of scholarships and educational programs, the development of infrastructure projects, and the support of local businesses.

Mega First Corporation Berhad is also committed to environmental sustainability. The company has implemented a number of initiatives to reduce its environmental impact, including the use of sustainable materials and the implementation of waste management systems.

Overall, Mega First Corporation Berhad is a leading player in the power generation sector in Malaysia. The company's focus on renewable energy and corporate energy management has helped to reduce its carbon footprint and increase the demand for clean, renewable energy in the country. With its commitment to decarbonisation and corporate social responsibility, Mega First Corporation Berhad is well-positioned to continue to grow and succeed in the years to come.

✓ Declared Net Zero commitment