Better returns await CGPP winners

The Energy Commission has announced that a total 563.42MW under the CGPP has been awarded to 22 solar power producers.

PETALING JAYA: Winners of the Corporate Green Power Programme (CGPP) could potentially enjoy better returns compared to the fourth cycle of the large-scale solar (LSS4) projects.

MIDF Research said going by its initial ballpark estimates, the CGPP could reap internal rate of returns (IRRs) in the high-single-digit levels.