Kenanga positive on Yinson's commitment to RE

KUALA LUMPUR: Kenanga is positive on Yinson Holdings Bhd's power purchase agreement in Nokh Solar Park in Rajastha, India, as it reaffirms its commitment to its renewable energy expansions.

The research house, which has an "outperform" recommendation on Yinson, said this was another step towards its mid-term ambitions of reaching 1GW of renewable energy in two years, and long-term target of 5GW in five years.