Ecoscience International Berhad announced that it had accepted a Letter of Award for a RM200 million engineering, procurement, and construction contract from renewable energy company, Wilhelmina Energy Malaysia Sdn Bhd, for EPC works of a TG2 black pellet plant located in Kuantan, Pahang.

Under the LOA, EIB will provide comprehensive EPC services, including design and engineering of the TG2 Black Pellet Plant, sourcing and quality assurance of equipment and materials, construction of the plant's infrastructure, as well as testing and start-up activities to support commissioning and ensure operational standards are met. The specific terms and conditions of the EPC works will be outlined in a binding EPC agreement, which is expected by 30 November 2024.

The LOA is built upon the Collaboration Agreement ("CA") with Wilhelmina in March 2024, aimed at transforming agriculture waste into sustainable energy, thereby reducing coal consumption and carbon emissions. The TG2 Black Pellet Plant will convert oil palm empty fruit bunch ("EFB") waste into TG2 black pellets – a drop-in coal replacement fuel. TG2 black pellets are an advanced type of biofuel pellet, providing benefits over traditional biomass pellets, including enhanced grindability, water resistance, and higher energy density. As a drop-in fuel, it is a renewable fuel that can be used in existing pulverised coal power plants without requiring significant infrastructure modifications.

Wilhelmina is a subsidiary of Netherlands-based renewable energy company, Maatschappij Wilhelmina N.V., specialising in converting agricultural waste streams into sustainable energy in the form of TG2 black pellets.

The EPC works are expected to commence by December 2024, with an expected project completion timeline of 24 months from the commencement date.