Citaglobal-Reneuco JV wins IPP job for ECRL

Citaglobal said the award is pursuant to a request for proposal from Malaysia Rail Link Sdn Bhd (MRL) for the development of an independent and renewable power producer for the ECRL.

PETALING JAYA: A 50:50 joint venture between Citaglobal Bhd and Reneuco Bhd has received and accepted a letter of intent to become the independent power producer (IPP) for the East Coast Rail Link (ECRL) project.

In a filing with Bursa Malaysia, Citaglobal, formerly known as WZ Satu Bhd, said the award is pursuant to a request for proposal from Malaysia Rail Link Sdn Bhd (MRL) for the development of an independent and renewable power producer for the ECRL.