Solarvest's 30%-owned unit to operate as merchant generator under Neda


KUALA LUMPUR: Solarvest Holdings Bhd’s 30 per cent-owned subsidiary Selarong Pertama Energy Sdn Bhd (SPESB) has been approved by Tenaga Nasional Bhd (TNB) to operate as a merchant generator.

SPESB is authorised to sell energy to the single buyer with a capacity of 29.99-megawatt alternating current (MWac), and this facility will be located in Kulim, Kedah.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Solarvest , NEDA , TNB , clean energy

Next In Business News

PETRONAS seals LNG supply deal with CNOOC
SIB disposes of Seremban land for RM25mil
Utility contracts set to drive Steel Hawk earnings
Nexgram focuses on core operations
Perak Transit eyes growth from terminal expansion
Borneo Oil’s associate seeks Nasdaq listing
Nam Cheong nets US$20.5mil in vessel sale
Trive Property to bank on its rental income
Fruit and vegetable exports rebound
Consumer sector posts ESG compliance gains

Others Also Read