Sarawak grants Zecon 30-year solar power generation licence


KUALA LUMPUR: The Sarawak government has approved Zecon Bhd’s application for an electricity license to generate solar power to supply electricity under the Sarawak Electricity Ordinance at Kota Petra Green Technology Park (KPGTP) in Kuching.

In a filing with Bursa Malaysia today, Zecon said the license shall be for 30 years, effective Feb 5, 2025, with an annual fee of RM300,000.

It said during the duration of this license, the rights granted include, among others, designing, constructing, installing, using, operating and maintaining a solar photovoltaic (PV) system for solar power generation within a 3,000-acre area in the Salak Land District, Kuching.

"This also covers the transmission and distribution of electricity, including lines, towers and substations, to non-domestic consumers under this licence.

"The installation of a 300-megawatt alternating current power plant, including a solar PV module system, inverter-based units, a transformer substation and electrical works, to generate and supply solar power to non-domestic consumers within the scheduled area,” it added. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Zecon , Sarawak , license , electricity , solar power

Next In Business News

FBM KLCI remains steady amid choppy trading
China's yuan edges down as dollar gains; investors watch Iran war talks
MTT Shipping and Logistics targets RM652.5mil IPO to fund fleet expansion
Trump's tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds
Oil prices climb as investors reassess Middle East ceasefire prospects
Lynas to develop rare earths metal production plant in Vietnam
Kenanga sees value in Astro, TA Securities issues sell call
FBM KLCI sees choppy trading in early session
Ringgit opens higher versus greenback for third consecutive day
KPJ a defensive play amid rising volatility

Others Also Read