KOTA KINABALU, Oct 18 (Bernama) -- Yayasan Sabah today sealed a joint-venture agreement with G Capital Berhad to produce renewable energy through mini hydroelectric power plants throughout Sabah to complement the state's electricity supply generation.
Signing the agreement on behalf of Yayasan Sabah was chairman of its subsidiary company, Innoprise Synergy Sdn Bhd Tan Sri Pandikar Amin Mulia, while G Capital Berhad was represented by the director of its wholly-owned company CM Creative Itinerary Sdn Bhd Zulkepli Mishat, and witnessed by Sabah Chief Minister Datuk Seri Hajiji Noor at Menara Kinabalu, here.
Under the agreement, several mini hydroelectric power plants will be built with a total power capacity of 65 megawatts.
Hajiji, in his speech, said that by making use of Sabah’s climate and rivers, mini hydroelectric power plants are among the holistic solutions to the power supply shortage in the state.
“I am confident that this joint-venture agreement will contribute to a stable power supply to Sabah Electricity Sdn Bhd (SESB) and attract quality investments,” he said, adding that the Sabah Cabinet will continue to be supportive of project proposals that benefit the state and its people.
Hajiji said increasing the usage of renewable energy was in line with the Federal government’s policy and Sustainable Development Goals as well as with one of the three main thrusts of the Hala Tuju Sabah Maju Jaya which is green infrastructure and sustainability networks.
He also said the generation of green energy such as the small hydroelectric power plants will attract more investors, particularly those prioritising green energy and environment, social and governance.
It would support the growth and development of Sabah’s economy besides benefiting the local industry and community, opening up more job opportunities, and creating paths for professional careers, he added.
Meanwhile, Pandikar Amin, when met by reporters, said that about 20 rivers in the state had been identified for that purpose, but they would carry out a detailed study first, including the environmental impact.
He said that for now, they have conducted early evaluation at five rivers in several districts in Sabah, including Sungai Bayoyo, Sungai Rayoh, Sungai Mokodou, Sungai Wariu and Sungai Panataran which are seen to be suitable for the development of the project.
-- BERNAMA
Oleh Nur Ashikin Abdul Aziz
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