In a filing with Bursa Malaysia, Country View said that the acquisition
KUALA LUMPUR: Bina Puri Holdings Bhd
's unit plans to work with Warisan Harta Sabah Sdn Bhd to build two small hydropower plants in the state.
Bina Puri said on Tuesday that BP Energy Sdn Bhd had signed an MoU with Warisan Harta Sabah on March 29 to undertake the development.
The Sg. Tuaran project will have a capacity of 5MW and the Sg. Wario project in Kota Belud 3.5MW.
Warisan Harta Sabah is the strategic investment fund of the Sabah government. It was granted consent in principle by the State Economic Planning Unit in March 2017 to develop small hydropower projects at a few locations.
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