Worldwide Holdings in JV with China firm for RM500m waste-to-energy plant

?The proposed project, if materialised, could provide Tan Chong Motor with opportunity to expand its foothold in the automotive industry in Vietnam,? the company said in a filing with Bursa Malaysia last Friday

KUALA LUMPUR: Worldwide Holdings Bhd is teaming up with a Chinese company Westerm Power Clean Energy Sdn Bhd to build a RM500mil waste-to-energy (WTE) plant in Jeram, Selangor.

In a statement issued on Monday, Worldwide Holdings had signed a joint development agreement with Western Power Clean Energy – a joint venture between China Western Power Industrial Co. and China Westerm Power International – to build the WTE plant.

Worldwide Holdings is building the WTE plant at its Jeram sanitary landfill which will be part of its uintegrated solid waste management centre.

Its group CEO Datin Paduka Norazlina Zakaria said WTE will involve the conversion of waste into energy in the form of electricity. Solid waste will be the feedstock to heat up the furnance and create stem which will turn the turbine to generate electricity, she said.

With waste capacity of 1,000 tonnes a day, the first phase will produce between 20 MW and 25 MW of green energry, enough to power 25,000 households in the vicinity of the plant.

The agreement was signed by Worldwide Holdings chairman Datuk Nor Azmie Diron,  Norazlina, China Western Power Engineering and Construction Co. Ltd executive director and president Yang. Xiangdong and China Western Power International excecutive director Jiang Shuhong.