Malakoff signs deal with Concord to develop RE projects


RE agreement: (from left) Ahmad Fuaad, Malakoff chairman Datuk Hasni Harun, Concord chairman Tan Sri Mohd Hussin Abd Hamid and executive director Datuk Khairuddin Mohd Hussin at the JDA signing ceremony.

KUALA LUMPUR: Malakoff Corp Bhd, a member of MMC Group, has signed a joint development agreement (JDA) with Concord Alliance Sdn Bhd to explore and develop biogas-based power generation projects.

Under the collaboration, both parties intend to collaborate with each other to jointly develop, operate and maintain renewable energy projects including biogas and biomass based power generation to be jointly identified by the parties. Both parties have agreed to conduct feasibility studies for the purpose of evaluating the viability of the projects for development.

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