GCAP secures 21-year renewable energy PPA with TNB

G Capital Bhd executive director Datuk Yap Yee Ping

KUALA LUMPUR: G Capital Bhd’s (GCAP) 74.64%-owned subsidiary, Kundur Hydro RE Sdn Bhd (KHRE) has signed a renewable energy power purchase agreement (REPPA) with Tenaga Nasional Bhd (TNB).

In a statement, GCAP said the feed-in approval in respect of the 2MW high-head mini-hydropower plant was only granted by the Sustainable Energy Development Authority (SEDA) to KHRE in May this year.