KUALA LUMPUR: KPower Bhd's sub-subsidiary Mikrogrid Lestari Sdn Bhd has been selected as one of the successful bidders under the feed-in tariff e-bidding exercise for small hydropower plants conducted by the Sustainable Energy Development Authority (Seda).
In a filing with Bursa Malaysia, the construction group said it had the winning bid to develop a small hydro power plant with a total capacity of 40.4MW in Gua Musang, Kelantan, with a basic feed-in tariff rate of 22.49 sen per kilowatt-hour.
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