G Capital unit completes plant project


It told Bursa Malaysia that the plant will be contributing revenue and earnings to the group over a span of 25 years from Sept 5, 2021, the commercial operation date, in accordance to the agreed terms in the PPA.

KUALA LUMPUR: G Capital Bhd’s 70%-owned subsidiary Solarcity Malaysia Sdn Bhd has completed the installation and commence operation of a 1.1 MW solar photovoltaic electric power generation system for the power purchase agreement (PPA) with De-Luxe Food Services Sdn Bhd.

The plant is located in Pulau Indah, Selangor.

It told Bursa Malaysia that the plant will be contributing revenue and earnings to the group over a span of 25 years from Sept 5, 2021, the commercial operation date, in accordance to the agreed terms in the PPA.

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