- Malaysia's utility Tenaga Nasional Berhad has signed PPAs with seven special purpose companies for solar power development
- These companies will design, construct, own, operate and maintain a cumulative of 210 MW capacity
- All projects are expected to come online between December 31, 2019 to December 31, 2020
Malaysia’s utility Tenaga Nasional Berhad (TNB) has signed power purchase agreements (PPA) for seven solar power projects representing 209.99 MW solar PV power capacity. All the PPAs have been signed with special purpose companies set up by successful bidders in the tender held by the Asian country in Q1/2017. In March 2017, Malaysian Energy Commission invited proposals to develop 460 MW large scale solar PV (LSS) capacity (see Malaysia Launches 460 MW PV Tender).
In a filing with the country’s stock exchange Bursa Malaysia, Tenaga listed the companies it has signed contract with to develop the first 210 MW of this the 460 MW. These are:
- Kenyir Solar Park and Gunkul Engineering Public 29.99 MW
- Hasilwan (M) and Idiqa Holding 30 MW
- BGMC Corporation and Bras Venture 30 MW
- Gaya Dunia, Enerta and Ambang Fiesta 30 MW
- Revenue Vantage and Cypark Renewable Energy 30 MW
- Nippon Bumijaya and B&Z Mechanical and Electrical 30 MW
Commercial operation for all these facilities is expected to start between December 31, 2019 to December 31, 2020.
In a separate filing, the agency has announced that it has signed a PPA for another 30 MW PV project to be developed in Mukim Chuping, Bukit Keteri, Perlis by a special purpose company, KBJ Hecmy Sdn. Bhd. Commercial operation for this facility is scheduled for December 1, 2020.
All PPAs will be valid for a period of 21 years. Developers will be required to design, construct, own, operate and maintain the PV plants.