PETALING JAYA: Gadang Holdings Bhd
has accepted a letter of acceptance from its indirect 60%-owned subsidiary, Tenaga Aspirasi Sdn Bhd, to undertake the engineering, procurement, construction and commissioning (EPCC) of a 15 MWa.c. large-scale solar photovoltaic (LSSPV) power plant project in Tawau, Sabah, worth RM52mil.
In a filing with Bursa Malaysia, Gadang said the contract was secured via a consortium comprising its wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd and JS Solar Sdn Bhd.
“The consortium will undertake the full EPCC scope including design, procurement, construction, installation, testing and commissioning of the LSSPV plant.
“The contract is for a duration of 14 months, and is scheduled for completion in the last quarter of 2026,” said the company.
Gadang said the appointment of the consortium is part of the company’s strategy to leverage its in-house capabilities and external expertise in delivering LSSPV projects.
“The contract is expected to contribute positively to the earnings of the company during the contract period,” it said.
