PublicInvest Research said Uzma’s solar business order book stands at RM935mil, comprising RM255mil worth of EPCC works and RM670mil for the power purchase agreement or PPA from its 85MW-owned asset.
PETALING JAYA: The RM102mil contract to develop a 29.99MW large-scale solar photovoltaic plant (LSSPV) project in Bukit Badong, Selangor shows that Uzma Bhd
is on the right track in realising its five-year plan to broaden its earnings base by building a healthy revenue mix.
The mix, of which 40% is to be derived from the non-oil and gas (O&G) segment, with solar energy being the largest contributor in three areas which are engineering, procurement, construction and commissioning (EPCC), operations and maintenance, and asset development.
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