SESB, TNB sign PPA to build Kedah plant

New Straits Times - - Business -

KUALA LUMPUR: Scomi Group Bhd’s 30 per cent eq­uity in­ter­est unit Strong El­e­gance Sdn Bhd (SESB) signed a power pur­chase agree­ment (PPA) with Te­naga Na­sional Bhd (TNB) yes­ter­day to de­velop a 30MWac large-scale so­lar pho­to­voltaic power plant at Ban­dar Sun­gai Pe­tani in Kedah on a build-own-op­er­ate ba­sis. The PPA has an ex­pected com­mer­cial oper­a­tion date of De­cem­ber 31 next year. It gov­erns the sale and pur­chase obli­ga­tions of the en­ergy gen­er­ated by the project be­tween SESB and TNB for a pe­riod of 21 years from the com­mer­cial oper­a­tion date in ac­cor­dance with the agreed terms and con­di­tions.

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