Sedania Innovator to provide GreenTech solutions to major telco for next 10 years

KUALA LUMPUR: Technology empowerment company Sedania Innovator Bhd (Sedania Innovator) will jointly deliver Green Technology (GreenTech) Solutions with Matrix Energy (M) Sdn Bhd to a major telecommunications company in Malaysia, aiming to achieve annual savings of 22 per cent in energy costs.

This GreenTech agreement entails an investment-grade energy audit, deployment of energy-savings solutions, and real-time remote consumption monitoring. This effort plays an integral role in the telco’s first phase of its major energy-optimisation plan commencing in March 2018.

Based on the telco’s historical energy consumption of selected buildings, averaging at RM2 million per month, the contract will target a total electrical bill saving of RM56 million over the next 10 years.

Part of the achieved savings will be apportioned to Sedania Innovator, to cover the technology investment cost, as well as, add on to its recurring revenue. The GreenTech contract aims to be a showcase for other corporates in energy-consuming industries.

“This buy-in from a major telco towards this initiative shows that Corporate Malaysia is serious in bringing GreenTech awareness to the fore in Malaysia.

“The first phase would be instrumental in spurring the subsequent rollouts nationwide at a later stage, and generating even more significant savings,” managing director Datuk Azrin Mohd Noor.

Prior to this contract, Sedania Innovator’s GreenTech business unit secured a similar five-year contract to provide solutions for a major financial institution’s 100 branches nationwide.

As more corporations aim to be energy efficient, Sedania Innovator intends to secure additional contracts to further strengthen its market-leading position.

“Besides the environmental benefits, there is a clear financial justification to use our GreenTech solutions,” Group chief executive officer Daniel Ruppert said.

“Our operating expenditure (opex)-oriented business model is a highly compelling proposition as we immediately contribute to the client’s profit and loss (P&L) with no implications to the balance sheet.”