Tan Chong gets 4-year extension for its solar project PPA


KUALA LUMPUR: Tan Chong Motor Holdings Bhd has obtained a 4-year extension for the development of large-scale solar photovoltaic plant (LSSPV) of 20MW at Hulu Selangor, Selangor.

In a filing with Bursa Malaysia, Tan Chong said its indirect 51% owned subsidiary, TC Sunergy Sdn Bhd had received a notification letter from Energy Commission (EC) on the extension of the scheduled commercial operation date (SCOD) and effective period of the power purchase agreement (PPA) for the project.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Tan Chong , PPA , solar , LSS , Energy Commission

Next In Business News

WCT to launch RM5bil Islamic notes programme
Bursa Malaysia issues UMA query to Greentronics Technology
PNB yet to decide on Sunway's offer for IJM Corp stake
Bursa Malaysia lower at midday amid selling pressure
Bank Islam appoints Raja Datin Paduka Teh Maimunah as group CEO
Oil set for first weekly decline in seven weeks ahead of US-Iran talks
ACE Market debutant AmBest expects revenue growth on AI-driven semiconductor demand
PLS Plantations, Nippon Paper Group explore feasibility of large-scale eucalyptus plantation
Stocks tumble as AI rout deepens, cryptos rebound
Gold, silver set for weekly losses on tech selloff and stronger dollar

Others Also Read