KUALA LUMPUR: G Capital Bhd's subsidiary has won the bid to build a 10MW small hydropower project in Sungai Perak, Salu and it expects annual revenue to increase by 15.9% over the 21-year tenure.
In an announcement to Bursa Malaysia on Wednesday, Gunung Hydropower Sdn Bhd (GHSB) had won the project under the small hydro e-bidding process under SEDA Malaysia which was conducted in June 2020.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!