Deal extension likely for LSS4 winners

“The internal rate of return (IRR) will improve but not significantly,” Solarvest Holdings Bhd executive director and group CEO Davis Chong told StarBiz.

KUALA LUMPUR: A possible but as yet unconfirmed four-year extension of the power purchase agreements (PPAs) to 25 years, from 21 previously, for project winners of the fourth round of large-scale solar awards (LSS4) may not see significant improvement in the projects’ viability.

“The internal rate of return (IRR) will improve but not significantly,” Solarvest Holdings Bhd executive director and group CEO Davis Chong told StarBiz.