News in brief: Oct 20, 2021
PESTECH INTERNATIONAL BHD had entered into a memorandum of understanding (MoU) with Gartena Holdings Ltd to explore the opportunity to cooperate in proposing and developing Waste-2-Energy solutions in the ASEAN region.
In a filing with Bursa Malaysia today, the company said Gartena is a company operating in United Kingdom and Sweden which has developed and holds the worldwide patent for the world technically advanced, efficient and environmentally friendly Waste-2-Energy process.
Under the MoU the company said they would collaborate to recycle the energy contents from wastes (either general waste, scheduled waste or medical waste) to generate electricity instead of dumping it at the landfill resulting in hazardous effects on the environment.
“PESTECH will have the primary responsibility for new client selection, including identifying potential projects, arranging meetings and preparing potential bidding documents and will also be responsible for project management and overall construction of the plant with any possible technology localisation,” it added.
-- BERNAMA