Current Status Pre-Revenue
Amount Invested Not Disclosed
Funding Required RM300,000 or less
Description Details:
(a) Involves Mining the landfill to recover combustible portion to be used to produce power,
thru a Biomass Solid Waste Power Plant of 15 MW, which will be sold to TNB under REPPA
for 16 years, and also to recover recyclables which will be sold to recyclers.
(b) Also building a Solar PV Power Plant of 20 MW, which will be sold to TNB, under REPPA for
21 years.
(c) Finally, after the land is cleared, it will be used for Property Development.
Business Opportunity Turning Landfill into energy which would be sold to TNB and also land will be cleared so that it can be used for development.
Revenue / Business Model We have been awarded with a Contract by the State to manage the landfill.
Management Team You can visit www.mgbe.my
Company Background You can visit our website www.mgbe.my
Funding Milestone Not Disclosed
% Equity Allocation 1% for MYR 75K. Open to negotiation and percentage of equity is for nego.
Exit Strategies Public listing by 2020.
Company Name Mogh Bioenergy Sdn Bhd
Website/Facebook http://www.mgbe.my
Business Address Cheras and Melaka
Contact Person Gobikrishnan