KUALA LUMPUR (Sept 12): Malakoff Corporation Bhd has signed a memorandum of understanding (MoU) with Japan’s Electric Power Development Co Ltd (J-Power) to develop potential greenfield and brownfield power generation and water projects globally, including in Malaysia.

“Through this MoU, both parties have agreed to jointly evaluate potential development of greenfield and brownfield power and water projects by leveraging on J-Power’s operational and technical expertise in the thermal, hydro and renewable power markets, and Malakoff’s experience in the power and water desalination projects, as well as other collaboration frameworks including operational excellence and technical knowledge sharing,” Malakoff said in a statement.

The MoU was signed by Malakoff’s chief executive officer Datuk Ahmad Fuaad Kenali and J-Power’s director and head of Global Power Business division Dr Yoshiki Onoi, Malakoff said.

Malakoff is Malaysia’s largest independent power producer, with an effective generating capacity of 5,910 MW from its six power plants.

J-Power is one of the largest power companies in Japan, with installed capacity of 24.6 GW worldwide, inclusive of 61 hydroelectric power plants and 22 wind farms across Japan. It also operates major transmission lines.