Cypark obtains PPA revision for LSS3 project


Cypark executive chair Datuk Ami Moris.

KUALA LUMPUR: Cypark Resources Bhd has been granted an extension of time (EoT) for the long-delayed completion of its third cycle of large scale solar (LSS3) photovoltaic plant of 100MW in Merchang, Terengganu.

In a filing with Bursa Malaysia on Wednesday, Cypark announced that its 70%-owned subsidiary, Cypark Suria Merchang Sdn Bhd (CSM), had received a notification letter from the Energy Commission (EC) that the application for EoT had been approved by the Energy Transition and Water Transformation Ministry for the achievement of the commercial operation date (COD) for its LSS3 project.

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