KUALA LUMPUR: Kenanga Research is positive on Yinson Holdings Bhd’s power purchase agreement (PPA) in Nokh Solar Park in Rajasthan, India, as it reaffirms its commitment to the group’s renewable energy (RE) expansion.
The research house, which has an “outperform” recommendation on Yinson, said this was another step towards the group’s mid-term ambitions of reaching 1GW of RE in two years, and long-term target of 5GW in five years.
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