Gamuda wins RM3bil Sabah hydroelectric job

Gamuda and Conlay will hold 75% and 25% interests respectively in the new JV.

PETALING JAYA: Gamuda Bhd has received a letter of award from Upper Padas Power Sdn Bhd (UPPSB) to be the total development contractor (TDC) for the 187.5MW Ulu Padas Hydroelectric Project in Tenom and Sipitang, Sabah.

In a statement yesterday, Gamuda stated it and joint-venture partner, Conlay Construction Sdn Bhd, will incorporate a new joint venture (JV) to be the TDC worth RM3.05bil. Gamuda and Conlay will hold 75% and 25% interests respectively in the new JV.

Gamuda has indirect interest of 45% in UPPSB via UPP Holdings Sdn Bhd with Sabah Energy Corp Sdn Bhd, 40% and Kerjaya Kagum Hitech JV Sdn Bhd the remaining 15%.Work will include the project’s design, construction, testing and commissioning of roller-compacted concrete dam, main and secondary powerhouses, a water conveyance system, project access and other permanent facilities such as a 275kV switchyard, 33kV sub-transmission line, workshop, stores and operation facilities and a residential village.

The project has a scheduled commercial operation date to be on or before Dec 31, 2030.

Gamuda said upon completion, it will deliver an average of 1,052GWh of clean energy per annum to raise Sabah’s dependable capacity by 15% and double the renewable energy (RE) mix to support its aim to achieve 35% RE share in its mix by 2035.