"GREEN" News * Malaysia - Nadicorp gets US$53m loan for CNG buses
Kuala Lumpur,Malaysia -The Star -October 9, 2007: -- Nadicorp Holdings Sdn Bhd has finalised a syndicated loan agreement for US$53mil to invest in compressed natural gas (CNG) engine technology that will see the group becoming the first bus operator in Malaysia using CNG-powered buses... "With CNG technology, Nadicorp would be able to mitigate escalating diesel costs with up to 24% or RM300 fuel savings per month per bus,” executive chairman Datuk Mohd Nadzmi Mohd Salleh said after the signing ceremony yesterday...Labels: green news
posted by Unknown @ 7:35 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home