KAB to purchase biogas firm for RM15mil


PETALING JAYA: Kejuruteraaan Asastera Bhd (KAB) has proposed Future Biomass Gasification Sdn Bhd (FBG) for RM15mil from Future NRG Sdn Bhd, which owns a biogas power plant in Kedah with an installed capacity of 2.4MW.

KAB, in a release yesterday, noted it will benefit from long-term recurring income as FGB has an existing 16-year renewable energy power purchase agreement (Reppa) with Tenaga Nasional Bhd.

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