PA in RM36m contract for renewable energy generating station

PETALING JAYA: PA Resources Bhd’s unit PA Solar Energy Sdn Bhd has received an RM36mil contract from Synergy Generated Sdn Bhd for a renewable energy (RE) generating station project in Terengganu.

The company told Bursa Malaysia that the contract included engineering, procurement, construction, installation and commissioning for a 5MW solar photovoltaic farm project.

It said the contract was expected to contribute positively to its earnings and net assets for the current and upcoming financial years ending March 31.