Perak Hydro Renewable Energy Corporation Sdn Bhd
In october 2013 gunung capital completed a fifty one percent 51 equity stake of acquisition in perak hydro renewable energy corporation sdn bhd phrec.
Perak hydro renewable energy corporation sdn bhd. Picture by farhan najib. Driven by the prospect of stable and continuous income stream for a period of 21 years gunung hydropower has entered into a jv agreement with perak hydro renewable energy corp sdn bhd phrec in 2012 to develop a mini hydro power plant with 10mw installed capacity in perak. The remaining 30 stakes in the three target companies are held by perak hydro renewable energy corp sdn bhd. Managing director at perak hydro renewable energy corp.
The rm20 million project was suspended in june last year. Villagers from six semai settlements had protested against the project since 2012 when it was first announced. Ipoh may 24 the high court here today threw out an application by perak hydro renewable energy corporation sdn bhd and conso hydro re sdn bhd to dismiss a class action lawsuit by several orang asli villages in ulu geruntum perak. Serba said it will fund the purchase entirely in cash through the proceeds from its initial public offering ipo which was completed on feb 8 last year.
The renewable energy sector has become more commercially viable due to the renewable energy act 2011. The perak government had inked an agreement with perak hydro renewable energy corporation sdn bhd phrec for the construction of the mini hydro power plant. And vice president investments by khazanah nasional bhd. Perak hydro renewable energy corporation sdn bhd 52 followers on linkedin perak hydro renewable energy corporation sdn bhd is a renewables environment company based out of ipoh perak malaysia.
Gunung hydropower sdn bhd a 90 subsidiary of gunung capital berhad is in the business of building and operating mini hydropower plants. Orang asli settlers from ulu geruntum gopeng outside the ipoh high court may 24 2019. Bin mirdin was previously employed as executive director by gunung capital bhd. Beroz nikmal bin mirdin is a managing director at perak hydro renewable energy corp.
The renewable energy sector has become more commercially viable due to the renewable energy act 2011.