KUALA LUMPUR: Tenaga Nasional Bhd has signed the LSS photovoltaic power purchase agreement with the successful bidders of the large-scale solar competitive bidding exercise organised by Suruhanjaya Tenaga to develop transmission-connected LSS projects.
In a stock exchange filing, TNB said on Friday it signed the agreement with Redsol Sdn Bhd, a special purpose company of the bidders, Fumase (Malaysia) Sdn Bhd and Scatec Solar Malaysia BV.
"Redsol will design, construct, own, operate and maintain a solar photovoltaic energy generating facility of 30MWac to be located in Mukim Beriah, Kerian, Perak," it said.
The agreement has an expected commercial operation date of Dec 31, 2019, and obliges the parties to sell and purchase the energy generated by the facility for 21 years.