OCBC Bank, MFP conclude agreement for RM100m green loan

VAT Manufacturing solar PV installation.

KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Bank) and MFP Solar Sdn Bhd have concluded an agreement for the setting up of a RM100mil facility to finance the development of multiple rooftop solar photovoltaic plants.

The Malaysian Rating Corporation (MARC) had earlier performed a green loan assessment on the loan facility and assigned it a "gold" assessment.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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solar photovoltaic plants , OCBC Bank , MFP Solar , MARC , Tan Ai Chin , Jamaludin Nasir

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