UEM Group in solar PV power plant tie-up

Khazanah's Amirul says the NETR is a catalyst for Malaysia’s energy transition and RE aspiration.

PETALING JAYA: UEM Group Bhd, a wholly-owned subsidiary of Khazanah Nasional Bhd, has tied up with local and foreign investors to develop a one gigawatt hybrid solar photovoltaic or PV power plant integrated with a renewable energy (RE) industrial park in Malaysia.

The project will be developed by UEM Group in collaboration with local investor Itramas Corp Sdn Bhd, which is the largest vertically integrated solar plant developer, as well as engineering, procurement, construction and commissioning and service provider in the country.