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PETALING JAYA: Kumpulan Powernet Bhd has secured a US$40.7mil (RM174.5mil) contract from Zhenghong Building Road & Bridge Construction Co Ltd for the civil works of two hydropower energy plants in Laos.
KUALA LUMPUR: Kumpulan Powernet Bhd has secured a second renewable energy project in Laos, as the group seeks to double its orderbook to RM2bil within the next one year.
Company to use proceeds for construction business
KUALA LUMPUR: Kumpulan Powernet Bhd (KPower) posted its third straight quarterly earnings gain, boosted by the group's expanding construction business.
KUALA LUMPUR: Kumpulan Powernet Bhd has proposed on Tuesday a plan to issue new shares to its substantial shareholders and other investors, as the company seeks to raise funds for recently secured construction projects.
THE economy expanded 0.7% in the first quarter ended March 31, the slowest pace since 2009, but not as bad as the market had predicted.
KUALA LUMPUR: Shares of Kumpulan Powernet Bhd (KPower) rose 4% this morning after the company secured a RM208mil power plant job in Nepal.
KUALA LUMPUR: Kumpulan Powernet Bhd has received a US$48mil (RM208.08mil) contract from Ghaurishankar Power Development Pvt Ltd to construct a 22.9MW mini hydropower plant in Solukhumbhu, Nepal.
KUALA LUMPUR: Kumpulan Powernet Bhd has accepted a letter of award from Kangsar Hidro Sdn Bhd for the supply of five mini hydropower plants in Perak valued at RM354mil.