Malaysian firm eyeing Indonesia biogas plant opportunities
Thursday, June 22 2017 - 03:37 PM WIB
UK-listed Malaysian firm Green and Smart Holdings plc is evaluating opportunities to build power plant from biogas captured through the treatment of Palm Oil Mill Effluent (POME) in Indonesia.
The company in its report released on Thursday said there are approximately 1,000 palm oil processing mills in Indonesia. The company said it will apply normal operational and financial selection criteria in terms of the partners with whom it will seek to contract for biogas plants
The company currently operates in the renewable energy sector in Malaysia, focusing on the generation of power from biogas captured through the treatment of POME. The company, through its subsidiaries and Associated Companies, is positioning itself as an Independent Power Producer through the construction, operation and ownership of biogas power plants providing electricity to the Malaysian National Grid.