BTM to set up joint waste-to-energy plant in Malacca

PETALING JAYA: BTM Resources Bhd plans to team up with two overseas partners to set up a municipal waste-to-energy (WtE) plant in Malacca at an estimated investment cost of RM435mil.

In a filing with Bursa Malaysia yesterday, the integrated timber firm said it had inked a memorandum of understanding (MoU) with Singapore-based China Western Power International Pte Ltd and China-based Sichuan No. 2 Electric Power Construction Co to build the plant with a minimum capacity of 1,000 tonnes per day.