Edra

What Edra does

Edra Power Holdings Sdn Bhd (Edra Energy) is an international independent power producer (IPP) headquartered in Kuala Lumpur, Malaysia, operating 8 power and desalination plants across Malaysia, Egypt, Bangladesh, Pakistan, and the UAE with 7,684 MW gross installed capacity (5,042 MW effective). The portfolio spans multiple generation technologies—combined cycle gas turbine (CCGT), sub-critical coal-fired thermal, conventional gas-fired thermal, solar photovoltaic, and integrated water and power (desalination)—including landmark assets such as the 2,242 MW Edra Melaka CCGT, the 1,400 MW Jimah coal plant, three Egyptian gas-fired plants (Port Said, Suez Gulf, Sidi Krir), Bangladesh CCGTs (Meghnaghat, Haripur), the 50 MWac Kuala Ketil solar farm, and a consortium stake in the Taweelah B IWPP (2,000 MW plus 160 MIGD desalination). Edra holds leading market positions: largest IPP in Egypt, second largest in Malaysia, and second largest in Bangladesh.

The company generates revenue by selling electricity under long-term bilateral Power Purchase Agreements (PPAs) with state-owned utilities—Tenaga Nasional Bhd (Malaysia), Bangladesh Power Development Board, Egyptian Electricity Holding Company, and NTDC Pakistan—with over 90% of assets operating under long-term PPAs that deliver capacity payments and energy payments. An additional revenue stream derives from seawater desalination at Taweelah B. Edra's go-to-market is enterprise field sales directly to government offtakers, with no retail or consumer channels. The company was formed in 2014 from the consolidation of three legacy Malaysian IPPs (Powertek Energy Group, KLPP Group, Jimah Energy Group) and was acquired by China General Nuclear Power Group (CGN) in March 2016, which now serves as its parent. Edra maintains a 700+ workforce across its five operating geographies.

Edra's forward strategy centers on fuel mix diversification into renewables (solar, wind), geographic expansion into Southeast Asia, Middle East, and North Africa via greenfield development and acquisition of development rights, and the integration of ESG principles formalized through its November 2024 5-Year Sustainability Roadmap and Sustainability Sukuk Framework. Its customer base is concentrated exclusively in government utilities, providing high revenue predictability but exposing the business to sovereign credit, currency, and political risks.

Name

Edra

Legal name

Edra Power Holdings Sdn Bhd

Website

https://edra.energy

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Edra Energy is a Malaysia-headquartered international independent power producer operating 8 power and desalination plants across Malaysia, Egypt, Bangladesh, Pakistan, and the UAE with 7,684 MW gross capacity, selling electricity to state-owned utilities under long-term PPAs. It is a subsidiary of China General Nuclear Power Group (CGN).

Ownership category

akta.pro rank

Product category

Independent Power Production

NAICS

Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114), Water Supply and Irrigation Systems (22131)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF)

akta.pro secondary industry

Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)

Keywords

• Independent power producer
• Power generation
• Power purchase agreements
• Combined cycle gas turbines
• Thermal power plants

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Others

Revenue model

1. Power Generation and Sale under PPAs: Edra generates revenue by producing and selling electricity under long-term Power Purchase Agreements (PPAs) with state-owned utilities. More than 90% of assets operate under long-term PPAs ensuring stable and predictable returns. Revenue is generated from capacity payments and energy payments based on generation output.
2. Water Desalination: Taweelah B IWPP generates revenue from both power generation and seawater desalination, with the consortium producing 160 MIGD of desalinated water alongside 2,000 MW of power.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Edra is an independent power producer that generates and sells electricity from a portfolio of 8 power and desalination plants across Malaysia, Egypt, Bangladesh, Pakistan, and the UAE. The company operates combined cycle gas turbine (CCGT), sub-critical coal-fired, conventional thermal, and solar photovoltaic facilities with 7,684 MW gross installed capacity, selling output under long-term Power Purchase Agreements (PPAs) to state-owned utilities. Edra also operates water desalination capacity at the Taweelah B IWPP in the UAE.

Product overview

Edra Energy is an international independent power producer (IPP) with a diversified portfolio of power generation assets. The company operates as a platform comprising multiple power plant assets across four regions (Malaysia, Middle East & North Africa, South Asia, and UAE/Pakistan) with different technologies including combined cycle gas turbine (CCGT), sub-critical coal-fired, conventional thermal, solar photovoltaic, and desalination. The core offering consists of 8 power and desalination plants with a combined gross installed capacity of 7,684 MW and effective capacity of 5,042 MW. In Malaysia, Edra operates five plants (Jimah coal-fired, TGPS2 CCGT, KLPP CCGT with co-generation, Kuala Ketil solar photovoltaic, and Edra Melaka CCGT). In Egypt, three gas-fired thermal plants (Port Said, Suez Gulf, Sidi Krir). In Bangladesh, two CCGT plants (Meghnaghat, Haripur). In UAE, a stake in Taweelah B IWPP. In Pakistan, an investment in Fauji Kabirwala CCGT.

Differentiator

Problem solved

Functional benefit

Products and services

• Jimah Power Plant A 1,400 MW sub-critical coal-fired base load thermal power plant located at Jimah, Port Dickson, Negeri Sembilan, Malaysia. Edra holds 75.0% effective interest. Power is supplied to state-owned utility TNB under a long-term PPA.
• Telok Gong Power Station 2 (TGPS2) A 720 MW combined cycle gas turbine (CCGT) power plant located at Telok Gong, Melaka, Malaysia. Edra owns 100% effective interest. Sells electricity under long-term PPA.
• Kuala Langat Power Plant (KLPP) A 675 MW combined cycle gas turbine (CCGT) power plant with co-generating facilities producing both power and useful thermal energy from the same process, located at Kuala Langat, Selangor, Malaysia. Edra holds 75% effective interest.
• Kuala Ketil Photovoltaic Plant A 50 MWac large-scale photovoltaic solar farm located in Kuala Ketil, Kedah, Malaysia. Edra owns 100% effective interest. Provides renewable solar power generation under long-term PPA.
• Edra Melaka Power Plant A 2,242 MW combined cycle gas turbine (CCGT) power plant located at Alor Gajah, Melaka, Malaysia. Edra owns 100% effective interest. Largest single CCGT asset in the Malaysian portfolio.
• Port Said Power Plant (Egypt) A 682.5 MW gas-fired conventional thermal power plant with dual fuel capability (natural gas primary, heavy fuel oil backup), located on the Mediterranean coast approximately 45 km southeast of Port Said, Egypt. Edra owns 100% effective interest.
• Suez Gulf Power Plant (Egypt) A 682.5 MW gas-fired conventional thermal power plant with dual fuel capability located on the western coast of the Gulf of Suez, approximately 52 km south of Suez City, Egypt. Edra owns 100% effective interest.
• Sidi Krir Power Plant (Egypt) A 682.5 MW gas-fired conventional thermal power plant with dual fuel capability located on the Mediterranean coast, approximately 30 km west of Sidi Krir, Alexandria, Egypt. Edra holds 55% effective interest.
• Taweelah B IWPP (UAE) An integrated power and desalination asset with total capacity of 2,000 MW power and 160 MIGD desalinated water, located in Abu Dhabi, UAE. Edra holds 10% effective interest through consortium. Provides power and water from a single facility.
• Meghnaghat Power Plant (Bangladesh) A 450 MW combined cycle gas turbine (CCGT) power plant located in Meghnaghat, Bangladesh. Edra holds 55% effective interest through subsidiary Meghnaghat Power Limited. Offtaker is Bangladesh Power Development Board.
• Haripur Power Plant (Bangladesh) A 360 MW combined cycle gas turbine (CCGT) power plant located in Haripur, Bangladesh. Edra holds 55% effective interest through subsidiary Haripur Power Limited. Offtaker is Bangladesh Power Development Board.
• Fauji Kabirwala Power Plant (Pakistan) A 157 MW combined cycle gas turbine (CCGT) power plant located in Kabirwala, Pakistan. Edra holds 23.1% effective interest through associate investment in Fauji Kabirwala Power Company Limited. Offtaker is NTDC Pakistan.

Quantifiable outcome

• Electricity supply to millions of homes and businesses across 4 countries
• +1 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Aljomaih Automotive Company LimitedcoreStrategic or Co-development PartnerJoint venture partner in Pendekar Energy (L) Limited with 45% stake. Pendekar is a 55:45 joint venture between Edra Group and Aljomaih. Through this JV, Edra holds effective interest in Meghnaghat Power Limited (55%), Haripur Power Limited (55%), and Sidi Krir Generating Company (55%).
• Axis Power Holdings B.V.coreStrategic or Co-development PartnerConsortium partner in Taweelah B IWPP. Consortium owns 40% of Taweelah B. Edra holds 25% of consortium for effective 10% stake in Taweelah B IWPP (2,000 MW power and 160 MIGD desalination).
• BTU Power CompanycoreStrategic or Co-development PartnerConsortium partner in Taweelah B IWPP. Consortium owns 40% of Taweelah B. Taweelah B is the largest independent water and power project in UAE.
• Kyuden International CorporationcoreStrategic or Co-development PartnerConsortium partner in Taweelah B IWPP. Consortium owns 40% of Taweelah B. Taweelah B located in Abu Dhabi, UAE.
• Fauji FoundationminorStrategic or Co-development PartnerCo-investor in Fauji Kabirwala Power Company Limited (157 MW CCGT plant in Pakistan). Edra holds 23.1% effective interest through investment in associate. Other investors include Asian Development Bank.
• Asian Development BankminorStrategic or Co-development PartnerCo-investor in Fauji Kabirwala Power Company Limited (157 MW CCGT plant in Pakistan). Edra holds 23.1% effective interest through investment in associate.
• TNB (Tenaga Nasional Berhad)coreStrategic or Co-development PartnerCo-investor in Jimah Energy Ventures Holdings Sdn Bhd with 25% stake. Edra holds 75% effective interest in the 1,400 MW sub-critical coal-fired power plant at Jimah, Port Dickson.
• Worldwide Holdings BerhadminorStrategic or Co-development PartnerCo-investor in Kuala Langat Power Plant Sdn Bhd with 25% stake. Edra holds 75% effective interest in the 675 MW CCGT power plant with co-generation facilities at Kuala Langat, Selangor.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• YTL Power International: Malaysian-based independent power producer with a diversified generation portfolio across CCGT, coal, and renewables in Malaysia, Singapore, Indonesia, and the UK. Direct peer given overlapping Malaysia market footprint, similar IPP business model, and competing for the same Tenaga Nasional PPAs.
• Malakoff Corporation Berhad: Malaysia's largest IPP operating coal and CCGT power plants with capacity similar to Edra's Malaysian portfolio. Competes with Edra directly in Energy Commission tender processes and serves overlapping Tenaga Nasional off-take contracts.
• ACWA Power: Saudi-listed IPP and IWPP developer with a global portfolio across MENA, Southeast Asia, and Africa. Direct peer given co-participation in UAE's Taweelah B IWPP and overlapping customer base of state-owned utilities under long-term PPAs.
• Sembcorp Industries: Singapore-listed energy and urban development group with IPP operations across Southeast Asia and South Asia, including Bangladesh and India. Comparable portfolio of gas-fired CCGT assets serving state utilities under long-term PPAs.
• Summit Power International: Bangladesh-focused IPP with combined-cycle and reciprocating engine power plants serving the Bangladesh Power Development Board. Directly comparable as an emerging-market IPP with the same primary state-utility offtaker as Edra's Meghnaghat and Haripur plants.

Broad incumbents

• Tenaga Nasional Berhad (TNB): Malaysia's national electricity utility and Edra's primary Malaysian offtaker; also operates its own generation fleet. Comparable as the dominant vertically integrated utility in Edra's home market and a partner/co-investor via Jimah Energy Ventures.
• Engie: Global multi-utility with major IPP operations across MENA, Southeast Asia, and South Asia. Comparable as a global IPP peer pursuing long-term PPA contracts in emerging markets with a transition toward renewables.
• RWE AG: German integrated energy major with significant international IPP presence and a stated pivot toward renewables. Comparable as a large-scale generation platform undergoing the same fossil-to-renewables transition as Edra.
• NTPC Limited: India's largest power generator with diversified coal, gas, and renewable portfolio across South Asia. Comparable as a large state-affiliated power producer undergoing energy transition and operating across similar emerging-market dynamics.

Others

• China General Nuclear Power Group (CGN): Edra's parent company since 2016 and one of China's largest nuclear/clean energy groups. Relevant as the controlling shareholder whose capital and project pipeline determine Edra's strategic direction and growth trajectory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Edra