G Capital Bhd via its 51%-subsidiary, G Capital Water Solutions Sdn Bhd (GCWS) has received a letter of award (LOA) from Senie Associates Sdn Bhd to serve as the nominated non-revenue water (NRW) specialist for the Kelantan NRW Reduction Programme (Phase 2).
The appointment was made under Senie, the consulting engineer appointed by Pengurusan Aset Air Bhd (PAAB), the national water asset manager.
Federally funded through the Energy Transition and Water Transformation Ministry (PETRA), the programme is administered by the Water Supply Department (JBA) and executed in collaboration with Air Kelantan Sdn Bhd (AKSB) as the state water operator.
Under the five-year appointment valued at RM648,000, GCWS will provide comprehensive NRW technical services including field investigations, flow and pressure measurement, leakage and hydraulic modelling, GIS verification, and baseline and post-replacement auditing.
Malaysia’s Budget 2026 has reinforced water infrastructure as a national priority with a RM3 bil allocation specifically for NRW reduction programmes nationwide.
The initiative focuses on replacing more than 820 km of ageing and leaking pipelines across Johor, Melaka, Negeri Sembilan, Kelantan, Pahang and Selangor to curb physical water losses that cost utilities billions each year.
This wave of government-backed investments underscores Malaysia’s commitment to achieving a national NRW target of 28.8% by 2030, thus creating significant opportunities for qualified water technology and engineering partners such as GCAP.
Second contract after Perlis
Kelantan continues to record Malaysia’s highest NRW rate at 54.5%, nearly double the national average. The state loses approximately 280-300 million litres of treated water daily, posing both economic and sustainability challenges.
“Our appointment as NRW Specialist under PAAB and Senie demonstrates confidence in GCAP’s technical capability and our growing role in the nation’s water transformation agenda,” commented GCAP’s executive chairman General Tan Sri Affendi Buang.
“Coming soon after our Perlis appointment, this milestone fits into GCAP’s long-term strategy of expanding into water infrastructure and sustainability solutions. GCAP is ready to play a more active role in delivering measurable, long-term impact as the government accelerates investment under Budget 2026.”
The latest appointment marks GCWS’ second federal contract in as many months following its Perlis NRW Reduction Programme (Phase 1) engagement.
Together, these wins strengthen GCAP’s credentials as a key technical partner supporting Malaysia’s RM3 bil NRW initiative and RM13 bil national water infrastructure investment pipeline.
GCAP’s diversification into water efficiency complements its strong renewable energy (RE) and infrastructure portfolio, hence positioning the group as a dual-sector contributor to Malaysia’s energy and water sustainability agenda under the AIR2040 Water Sector Transformation Roadmap.
At today’s (Oct 17) mid-day trading break. GCAP was up 1 sen or 4.55% to 23 sen with 310,600 shares traded, thus valuing the company at RM75 mil. – Oct 17, 2025
