Green & Smart Holdings is an established independent Power Producer (IPP) and Engineering, Procurement, Construction and Commissioning (EPCC) contractor for the renewable energy sector. The company listed on listed on the London Stock Exchange’s AIM Market in May 2012. Power generation from biogas captured from the treatment of Palm Oil Mill Effluent (POME) is its core business. The group is a reputable Malaysian-owned and based business with over 30 years of global industry experience in waste water treatment for industries in the agriculture sector and fully in-house developed patented technologies.
Exchange: London AIM (GSH)
Financial Data from Exchange website: LSE Summary
Recent Financial Report: Update on the publication of the annual report
Green & Smart Holdings plc operates in the renewable energy sector in Malaysia, focusing on the generation of power from biogas captured through the treatment of Palm Oil Mill Effluent (POME). The Company, through its subsidiaries and Associated Companies, is positioning itself as an Independent Power Producer through the construction, operation and ownership of biogas power plants providing electricity to the Malaysian National Grid. Key regulatory measures introduced by the Malaysian government include the establishment of a Feed-In-Tariff mechanism, under which power produced from biogas and other renewable energy sources attracts a premium to market price over a long-term contract (typically 16 years in the case of biogas), along with the requirement for certain palm oil mills to provide for the capture of methane and other waste gases. The Malaysian government aims to achieve the installation of biogas facilities in all palm oil mills in Malaysia by 2020.
The Group also provides its expertise as an EPCC contractor to palm oil mill owners in the construction and management of biogas power plants at the mill owners’ sites. In addition, it has taken minority equity stakes in the Associated Companies that have been established to own biogas power plants at palm oil mills owned by large palm oil mill businesses.
The Group and its Associated Companies have secured approximately 25 per cent of the currently available Malaysia government Feed-in-Tariff allocation, placing them in a leading position in the biogas power generation industry in Malaysia.
The principal operating company in the Group, Green & Smart Sdn Bhd, has an established track record in delivering waste water solutions to the palm oil industry. Over the last 30 years, it has delivered numerous projects in Asia, including a World Bank-funded project and four biogas capture facilities for Felda Palm Industries Sdn Bhd, a subsidiary of Felda Global Ventures which is the world’s largest crude palm oil producer.
73 – M. Jalan Medan Setia 1
50490 Kuala Lumpur,,
Phone: + 603 2095 0185
Fax: + 603 2095 0185
Chairman: Saravanan Rasaratnam
CEO: Navindran Balakrishnan
Short description: Biogas from palm oil effluent
Fields of Interest: Bioenergy