Saturday, November 5, 2016

Tenaga Nasional inks solar PPAs for 150 MW in Malaysia

Tenaga Nasional inks solar PPAs for 150 MW in Malaysia

Malaysian utility Tenaga Nasional Bhd (KLSE:TENAGA) announced on Thursday it
has signed three 21-year solar power purchase agreements (PPAs) for a total
of 150 MW.

The company has inked such contracts with Quantum Solar Park (Melaka) Sdn
Bhd, Quantum Solar Park (Kedah) Sdn Bhd and Quantum Solar Park (Terengganu)
Sdn Bhd, it said in a bourse statement. Each of them will build, own,
operate and maintain a 50-MW solar photovoltaic (PV) power facility.

Under the terms of the long-term PPAs, the three solar plants should become
operational by December 31, 2017.

The Quantum Solar Park firms are special purpose companies set up by the
consortium of ItraMAS Technology, Maltech Pro and Cam-Lite, Tenaga noted.
The company did not reveal the financial terms of the three contracts.

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Ref:
http://renewables.seenews.com/news/tenaga-nasional-inks-solar-ppas-for-150-m
w-in-malaysia-545628


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

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