Yinson secures RM1.5bil Indian solar plant project

In a filing with Bursa Malaysia, the floating, production, storage and offloading service provider said Rising Sun Energy (K) Pvt Ltd, (RSEK), an indirect 80% owned subsidiary of the company, has accepted a letter of award (LoA) for the plant job from India-based NTPC Ltd.

PETALING JAYA: Yinson Holdings Bhd has won a contract worth RM1.5bil to develop a 190 megawatt (MW) grid-connected solar photovoltaic power plant in Rajasthan, India.

In a filing with Bursa Malaysia, the floating, production, storage and offloading service provider said Rising Sun Energy (K) Pvt Ltd, (RSEK), an indirect 80% owned subsidiary of the company, has accepted a letter of award (LoA) for the plant job from India-based NTPC Ltd.