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Gamuda wins RM3bil Sabah hydroelectric job

Gamuda Bhd has received a letter of award from Upper Padas Power Sdn Bhd (UPPSB) to be the total development contractor (TDC) for the 187.5MW Ulu Padas Hydroelectric Project in Tenom and Sipitang, Sabah. Read full story

PETALING JAYA: Gamuda Bhd has received a letter of award from Upper Padas Power Sdn Bhd (UPPSB) to be the total development contractor (TDC) for the 187.5MW Ulu Padas Hydroelectric Project in Tenom and Sipitang, Sabah. In a statement yesterday, Gamuda stated it and joint-venture partner, Conlay Construction Sdn Bhd, will incorporate a new joint venture (JV) to be the TDC worth RM3.

05bil. Gamuda and Conlay will hold 75% and 25% interests respectively in the new JV..