Singapore company inks RM87m contract with FTJ


PETALING JAYA: Singapore-listed The Think Environmental Co Ltd's subsidiary Industrial Power Technology Pte Ltd (IPT) has signed a contract with FTJ Bio Power Sdn Bhd for an RM87mil turnkey project to construct a 10MW empty fruit bunch biomass power plant in Jengka, Pahang.

It told the Singapore Exchange that the project was expected to start in the first quarter of 2011 and be completed by end-2012.

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