Perak hydro project to boost G Capital

G Capital Bhd’s subsidiary has won the bid to build a 10MW small hydropower project in Sungai Perak, Salu and it expects annual revenue to increase by 15.9% over the 21-year tenure.

KUALA LUMPUR: G Capital Bhd’s subsidiary has won the bid to build a 10MW small hydropower project in Sungai Perak, Salu and it expects annual revenue to increase by 15.9% over the 21-year tenure.

In a filing with Bursa Malaysia, Gunung Hydropower Sdn Bhd (GHSB) had won the project under the small hydro e-bidding process under Seda Malaysia which was conducted in June 2020.