PETALING JAYA: Biomass boiler manufacturer BM Greentech Bhd
’s third Corporate Green Power Project (CGPP) contract win announced last week underpins the company’s position in the solar segment of the renewable energy industry, analysts say.
Phillip Research, which has maintained a “buy” call on the stock with a target price of RM2.70, said the RM95mil contract from Nefin V Power Sdn Bhd marks the third contract under the government’s CGPP initiative.
