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TNB signed solar PPA deals with 2 firms

Friday, 3 March 2017

 

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has inked large-scale solar (LSS) photovoltaic power purchase agreements (PPAs) with 2 special-purpose companies (SPCs).

In a filing with Bursa Malaysia, the utility company said the SPCs – UITM Solar Power Sdn Bhd and its own unit TNB Sepang Solar Sdn Bhd – were set up by companies that won in the Energy Commission’s competitive bidding exercise last year to develop transmission-connected LSS projects.

UITM Solar Power is set up by Consortium UITM Property Management Sdn Bhd, BJ Power Co Ltd and Perwira Al-Syura Consulting Engineers Sdn Bhd.

Each of the SPCs will design, construct, own, operate and maintain a solar photovoltaic energy generating facility with the approved capacity (50 Mwac) at its proposed location.

UITM Solar Power will build its facility in Gambang, Pahang, while TNB Sepang Solar will build its plant in Sepang. Both facilities are scheduled to start commercial operations on 1 November 2018.

Source by: Internet

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