Navis plugs into Southeast Asia energy demand
Southeast Asia's hunger for energy cannot be overstated. Of the region’s 600 million inhabitants, a staggering 160 million live without electricity. According to a report published last year by the National University of Singapore’s Energy Studies Institute, only 43% of Burma’s population is connected to the grid, while relatively more developed Indonesia, on 81%, is still some way short of full coverage.
Kuala Lumpar-based Navis Capital Partners hopes to tap into the potential growth of the region's power sector through an investment of up to MYR40 million ($13 million) in Malaysia's HG Power Transmission...
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