Ranhill Utilities gets 4-year PPA extension for solar project

KUALA LUMPUR: Ranhill Utilities Bhd’s wholly owned subsidiary Ranhill Solar I Sdn Bhd (RSI) has obtained a four-year extension of a power purchase agreement (PPA) for the 50MWac large-scale solar photovoltaic plant at Batang Padang, Perak under the LSS4@MEnTARI.

In a filing with Bursa Malaysia, Ranhill said it received a notification letter from the Energy Commission (EC) on the extension of the financial closing date (FCD), scheduled commercial operation date (SCOD), and effective period of PPA for the solar plant.