<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 29): Mudajaya Group Bhd’s large scale solar photovoltaic power plant project in Sungai Siput, Perak achieved commercial operation date on Tuesday, as endorsed by Tenaga Nasional Bhd and Energy Commission of Malaysia.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The project is expected to generate recurring income to the group for the next 21 years, the group said in a filing with Bursa Malaysia.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Mudajaya said the project was awarded to its wholly-owned unit Sinar Kamiri Sdn Bhd in December 2016, through a competitive bidding conducted by the Energy Commission.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“Sinar Kamiri will sell power generated to TNB (Tenaga Nasional Bhd) under a 21-year power purchase agreement (PPA) that was signed with TNB on March 16, 2017,” it added.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>“The solar plant has a net minimum export capacity of 49MW alternating current (ac) to the grid, which is currently one of the largest solar projects in Malaysia,” the group said, adding that the plant’s annual allowable export energy under the PPA is up to 85 million kilowatt per hours.</p></div>

<div class=newsTextDataWrapInner><p>Mudajaya said the plant will save the environment from approximately 50,000 tonnes of carbon dioxide emission annually, that might otherwise be created from fossil fuel power generation.</p></div>

<div class=newsTextDataWrapInner><p>Mudajaya’s share price closed unchanged at 34.5 sen today, for a market capitalisation of RM203.51 million.</p></div>


KUALA LUMPUR (Nov 29): Mudajaya Group Bhd’s large scale solar photovoltaic power plant project in Sungai Siput, Perak achieved commercial operation date on Tuesday, as endorsed by Tenaga Nasional Bhd and Energy Commission of Malaysia. 

The project is expected to generate recurring ...

Mudajaya’s solar project to generate recurring income for 21 years

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<p>The US on Thursday effectively stopped the United Nations from recognising a Palestinian state by casting a veto in the Security Council to deny the Palestinian Authority full membershipof the world body.</p>


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