Malakoff wins WTE deal in Melaka
PETALING JAYA: Malakoff Corp Bhd has entered into a concession agreement on a public-private partnership basis with the government for the design, construction, finance, operation, maintenance and closure of a waste-to-energy (WTE) facility in Sungai Udang, Melaka.
In a filing with Bursa Malaysia, the independent water and power producer said the agreement was entered into with the Housing and Local Government Ministry and Solid Waste and Public Cleansing Management Corp.
The WTE facility will process up to 1,056 tonnes of municipal solid waste per day and generate 22MW of gross renewable energy under a power purchase agreement to be entered into by Tenaga Nasional Bhd and Malakoff's subsidiary Sungai Udang WTE Sdn Bhd.
The concession period to undertake the project would be for a period of 34 years, Malakoff said in the filing.
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