PETALING JAYA: After a decade of solely relying on the low-margin passenger vehicle charter business, G Capital Bhd
is pivoting towards renewable energy solutions, trying to shift from contract-based revenue to recurring income.
Formerly known as Gunung Capital Bhd, the group first ventured into the mini-hydropower generation business in 2013 and has a total of 11 active sites to date, with a total estimated installed capacity of 90.15 MW.
Two of the sites have begun commercial operations, although they have yet to deliver profits.
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