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.
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