KUALA LUMPUR: PLB Engineering Bhd
said a subsidiary is planning to start a municipal solid waste to energy plant in Penang.
The company, in a filing with Bursa Malaysia today, said 65% PLB Terang Sdn Bhd has entered into a memorandum of understanding (MoU) with Welle Environmental and Renewable Energy Sdn Bhd to pursue the project.
"The parties intend to set up a waste-to-energy plant with a capacity of 1000 tons a day in Penang, subject to approval from relevant authorities," it said.
The Mou, PLB said will serve as a platform for the group to tap into Welle and its China company's experience and expertise in waste management and power generation projects.
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