Ranhill Utilities gets four-year PPA extension

Under the agrement signed between Ranhill and Tenaga Nasional Bhd (TNB) in 2021, the former will construct and operate a 50MW solar photovoltaic energy generating facility in Batang Padang, Perak.

PETALING JAYA: 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) to develop a 50 megawatt solar power plant under large scale solar phase 4@MEnTARI (LSS4) in Perak.

In a filing with Bursa Malaysia yesterday, the utility company said it had received a letter from the Energy Commission (EC) on the four-year extension agreement.