Solar plant deal expected to be signed during Obama’s visit next month


PETALING JAYA: The mega solar power plant being initiated by 1Malaysia Development Bhd (1MDB) has secured a tariff rate of somewhere between 40 sen to 46 sen per kWh.

The rates are lower than existing tariff for electricity generated by solar plants. However it cannot be determined if that is the best rate with present technology because it is learnt that it is a directly negotiated exercise.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , solar , seda , 1mdb

Next In Business News

Izwan’s Merdeka 118 vision
EPCC push at Cypark
UWC leads the tech pack
Nestle invites Malaysian women to participate in MAGGI entrepreneurship programme
When cheap homes cost more
One property, 10 listings
Rental scams running rampant
China to crack down on 'illegal' cross-border securities
New London museum woos youths
Europe stocks lose sparkle

Others Also Read