Eden to develop 29.99 MW solar plant in Kuantan


KUALA LUMPUR: Eden Inc Bhd's fully owned subsidiary, Daya Cipta Sdn Bhd, has received a notification letter from the Energy Commission for the development of a 29.99 MW large-scale solar (LSS) photovoltaic plant on a site owned by the company in Gebeng, Kuantan, Pahang.

In a filing with Bursa Malaysia, Eden said the solar power purchase agreement will be executed with Tenaga Nasional Bhd for a term of 21 years.

The scheduled commercial operation date shall be no later than July 28, 2027.

Eden said the project will be financed through bank loans and/or internal funds.

Strategically located on a site owned by Eden, in the rapidly growing industrial hub of Gebeng, Kuantan, the upcoming solar plant, as part of a broader industrial ecosystem, is poised to contribute to the development of the area.

The site is situated in proximity to key infrastructures, including the East Coast Rail Link (ECRL) and the ongoing Kuantan Port expansion.

“This project exemplifies Eden’s extensive experience of more than two decades of successful operations in the renewable energy sector, underscoring Eden’s continuing commitment to expand the contracted capacity of its renewable energy portfolio and contribute meaningfully to Malaysia’s sustainability goals,” Eden said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Eden , solar plant , Kuantan , LSS

Next In Business News

Sum Technology buys INI stake
WEF: Growth to remain resilient at 4.7% this year
Ringgit closes higher against the greenback
Cypark returns to the black in 1Q with RM5.7mil profit
Maybulk to buy RM35.5mil Klang land
XL Holdings auditor resigns over audit fees
Cuscapi proposes 10% private placement to raise working capital
Cypark returns to profitability with strong 1Q27 results
KESM returns to profit in FY26 on stronger AI chip demand
ETA Group bags RM130.2mil related-party construction contracts

Others Also Read