Kejuruteraan Asastera unit in Vietnam RE tie-up

“We are proud to be given an opportunity to form a synergistic partnership with Janakuasa, as we are able to leverage on their experience and know-hows, ” said KAB managing director Datuk Lai Keng Onn.

KUALA LUMPUR: Kejuruteraan Asastera Bhd’s subsidiary KAB Energy Power Sdn Bhd has teamed up with Janakuasa Pte Ltd to explore Vietnam’s renewable energy (RE) market.

It said in a statement that the parties will acquire majority stakes in three hydropower plant projects via a special-purpose vehicle formed between KAB Energy Power and Janakuasa.