Gamuda JV accepts contract for Ulu Padas Hydroelectric project


KUALA LUMPUR: Gamuda Bhd via a joint venture firm has accepted a letter of notification to undertake the development of the 187.5MW Ulu Padas Hydroelectric project from the Energy Commission of Sabah.

In a statement, Gamuda said the project will be developed by Upper Padas Power Sdn Bhd, a wholly-owned subsidiary of UPP Holdings Sdn Bhd, which is in turn a joint venture between Gamuda, Sabah Energy Corp Sdn Bhd and Kerjaya Kagum Hitech JV Sdn Bhd.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Gamuda , JV , Ulu Padas , Sabah Energy , hydroelectric , RE

Next In Business News

Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk
Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Nestle to explore sale of ice cream business

Others Also Read