KAB enters into 20-year PPA with Nextgreen

KUALA LUMPUR: Kejuruteraan Asastera Bhd has entered into a 20-year power purchase agreement (PPA) with Nextgreen Pulp and Papers Sdn Bhd, a subsidiary of Nextgreen Global Bhd.

In a statement, KAB said its wholly-owned subsidiary KAB Core Connect O&M Services Sdn Bhd signed two PPAs with Nextgreen to design, construct, install, own, operate and maintain solar PV systems with total combined capacity of 3,387-kilowatt peak (kWp) on the rooftops of multiple production plants and buildings at the latter’s Green Technology Park in Pekan, Pahang.