Friday 29 Mar 2024
By
main news image

This article first appeared in The Edge Financial Daily on April 13, 2018

KUALA LUMPUR: Malakoff Corp Bhd has bagged an operations and maintenance (O&M) contract with a large-scale solar photovoltaic power plant (LSS) in Kota Tinggi, Johor, with a capacity of 29MWac.

The contract value was not disclosed.

Malakoff chief executive officer Datul Ahmad Fuaad Kenali said the contract marks the group’s first foray into the O&M of renewable energy (RE) assets.

“[This] also means that our O&M business has now expanded to include both thermal, or conventional, and renewable energy power generation,” he said in a statement yesterday.

Malakoff’s wholly-owned subsidiary Teknik Janakuasa Sdn Bhd (TJSB) in a consortium with Zelleco Engineering Sdn Bhd has signed an O&M agreement with ZEC Solar Sdn Bhd, which secured the project via the first round of an LSS competitive tender issued by the Energy Commission.

The main scope of the O&M agreement, which is for a period of 21 years starting from December 2018, is to perform and provide services in relation to the operation, maintenance and repair of the solar plant.

The TJSB-Zelleco consortium will incorporate a special-purpose O&M company to carry out its services and obligations under the agreement. The company is obliged to meet the standard performance guarantee for the solar PV plant’s operation.

TJSB currently operates and maintains six power plants in Malaysia and three overseas.

 

      Print
      Text Size
      Share