KUALA LUMPUR, Oct 13 Malakoff Corporation Bhd and Gas Malaysia Bhd have formed a strategic partnership to provide operations and maintenance (O&M) for cogeneration plants in Malaysia. Through the joint-venture (JV) agreement signed today, the two MMC group members will establish a JV.
KUALA LUMPUR: Malakoff Corp Bhd and Gas Malaysia Bhd have teamed up to share their expertise and resouces in the undertaking of operations and maintenance services for cogeneration plants in Malaysia.
GUIDED by its vision to be an innovative value-added energy solutions provider, Gas Malaysia Bhd, a member of MMC Group, stayed resilient and managed to mitigate the unprecedented impact brought by the Covid-19 pandemic. During the Movement Control Order (MCO) period, Gas Malaysia’s industrial customers’ businesses, which amount to about 99% of its total gas volume sales, were impacted.Despite the imminent challenges arising from the Covid-19 outbreak, Gas Malaysia managed to capitalise on the opportunity to meet the energy requirements by supplying gas to non-affected customers, mainly from the rubber industry.These companies ramped up their productions during the MCO period and Gas Malaysia’s sales volume was bolstered by the higher gas demand for rubber gloves production during the pandemic and able to reduce the impact due to the drop from other sectors.