PETALING JAYA : Tenaga Nasional Bhd (TNB) has consented to three power buy arrangements (PPAs) with a consortium involving three organizations for the supply of 150MW of sun based power.
The three organizations in the consortium are ItraMAS Technology Sdn Bhd, Maltech Pro and Cam-Lite Sdn Bhd, and the sun based boards would be situated in three states – Jasin, Malacca; Gurun, Kedah; and Merchang, Terengganu.
The PPAs were marked amongst TNB and Quantum Solar Park (Melaka) Sdn Bhd, Quantum Solar Park (Kedah) Sdn Bhd and Quantum Solar Park (Terengganu) Sdn Bhd.
"Each of the organizations will develop, claim, work and keep up a sun oriented photovoltaic vitality creating office with a limit of 50MW exchange current," TNB said in a recording with Bursa Malaysia.
"Each PPA, which has a normal business operation date of Dec 31, 2017, administers the commitments of the gatherings to offer and buy the vitality produced by the office for a time of 21 years from the business operation date as per the concurred terms and conditions," it included.
The rates were not uncovered.
As per industry sources, the honors were done on a straightforwardly arranged premise.
The power plants are one of the greatest in limit granted to the consortium to date. Already, the greatest honor for a sunlight based power plant was in April 2014 to Edra Global Energy Bhd when it was under the control of 1Malaysia Development Bhd (1MDB). The limit was for a 50MW sun oriented power plant to be situated in Kulim, Kedah.
1MDB's energy plant division was sold to China General Nuclear Power Corp in November a year ago.
A mind the Companies Commission of Malaysia demonstrated no material open data was accessible for Maltech Pro.
ItraMAS Technology's shareholders and executives are Tunku Hammam Tunku Sulong, Gan Geik Lee, Lee Choo Boo and Datuk Khairuddin Ibrahim. Thevarajoo Munusamy is another shareholder.
Cam-Lite's shareholders, then, are Zaainoor Sulaiman and Zeliza Zainoor. Them two, including Azizul Nizam Bidin, are additionally executives on Cam-Lite's board.
To recap, the Government through the Energy, Green Technology and Water Ministry had toward the start of the year said it would need to grow all the more expansive scale sun oriented power plants this year.
This honor comes after a demand for proposition for a 250MW power plant was issued not long ago, and it is normal that the limit of these plants will go ahead stream from 2018 onwards.
This comes after the Government said it might want to scale up power era from renewable vitality sources, given that the nation was still a long way from accomplishing its renewable vitality target.
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