Mega First gets hydropower concession in Laos


PETALING JAYA: Power and quarry player Mega First Corp Bhd said an 80%-owned unit has secured a 25-year hydropower concession in Laos.

The 260MW run-of-river project will cost the firm about US$500mil (RM2.15bil) and the company planned to fund it using internally generated funds and long-term debt.

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