PETALING JAYA: Solarvest Holdings Bhd
has entered into an engineering, procurement, construction and commissioning (EPCC) contract worth RM320mil with Wawasan Demi Sdn Bhd for the construction of a photovoltaic plant in Kampar, Perak, under the Large Scale Solar 5 (LSS5) programme with a capacity of 99.99 megawatt alternating current.
In a filing with Bursa Malaysia, the company said it will commence the execution of the works upon receipt of the notice to proceed from Wawasan Demi and shall ensure that the works are completed by Oct 30, 2027.
“The board is of the opinion that the acceptance of the EPCC contract is expected to contribute positively to the net assets and earnings per share of Solarvest and its group of companies for the financial year ending March 31, 2026 and onwards until the completion of the project.
