Thursday, October 7, 2010

Mudajaya in Laos hydro power project

KUALA LUMPUR: MUDAJAYA GROUP BHD [] plans to team up with the Laos government to undertake a hydroelectric power project there.

The company said on Thursday, Oct 7 it had signed a memorandum of understanding with the Laos government to develop a 60 MW hydro power project.

The project company is targetted to be jointly held by the developer and the Laos government on a 75:25 equity basis.


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