KUALA LUMPUR: G Capital Bhd has entered into a joint venture (JV) and shareholders’ agreement with Worldwide Energy Development Sdn Bhd and Cekap Hydropower Sdn Bhd to jointly participate in the e-bidding submission for small hydro quota 2021.

       In a filing with Bursa Malaysia, it said the e-bidding would be submitted via Cekap Hydropower to the Sustainable Energy Development Authority’s e-bidding online system by June 29.

       “In the event the bid is successful, Cekap Hydropower intends to design, construct, develop, operate and maintain a mini-hydropower plant at Sungai Bernam with an estimated installed capacity of 6MW and all relevant works, ” it said. — Bernama