PETALING JAYA: Gamuda Bhd’s joint-venture (JV) firm, Upper Padas Power Sdn Bhd (UPPSB), has signed the acceptance of a letter of notification from the Energy Commission of Sabah for the development of the 187.5MW Ulu Padas hydro-electric project.
UPPSB is owned by UPP Holdings Sdn Bhd, a JV company in which Gamuda holds 45% with venture partners Sabah Energy Corp Sdn Bhd, 40%, and Kerjaya Kagum Hitech JV Sdn Bhd the remaining 15%.
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