KAB secures first biomass cogeneration project

KAB executive deputy chairman cum group managing director Datuk Lai Keng Onn

KUALA LUMPUR: Kinergy Advancement Bhd’s (KAB) wholly-owned subsidiary, KAB Energy Holdings Sdn Bhd (KABEH) has inked a heads of agreement (HoA) with XSD International Paper Sdn Bhd (XSDIP), to initiate KAB’s first biomass project, focusing on power and steam generation.

XSDIP manufactures pulp, paper and paperboard, and wholesales a variety of goods without any particular specialisation. XSDIP is a 100% foreign-owned entity from China.