Pekat wins RM38.3mil solar farm contract from Sun Estates - MIDA | Malaysian Investment Development Authority
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Pekat wins RM38.3mil solar farm contract from Sun Estates

Pekat wins RM38.3mil solar farm contract from Sun Estates

07 Apr 2022

Pekat Group Bhd has secured a contract from Sun Estates Sdn Bhd to develop a large-scale solar (LSS) photovoltaic (PV) farm worth RM38.3 million.

In a statement today, the solar PV and earthing and lightning protection specialist said its wholly-owned Pekat Solar Sdn Bhd had accepted the letter of award from Sun Estates for its appointment as the turnkey engineering, procurement, construction and commissioning (EPCC) contractor for the project.

Sun Estates also inked a two-year contract with Pekat Solat for the maintenance of the solar PV farm, expected to be commissioned in December 2023.

Pekat said the 10 megawatt alternating current (MWac) solar PV farm in Batang Padang, Perak was part of the LSS Bidding Cycle 4 (LSS@MEnTARI) competitive bidding that was conducted by the Energy Commission in 2021.

Executive director Wee Chek Aik said the latest contract win provided a timely replenishment of the company’s solar EPCC order book to RM209.0 million following the completion of its RM33.1 million EPCC contract for Proton’s 12 megawatt peak (MWp) solar PV farm at its Tanjung Malim plant in Perak six months ahead of schedule. 

“Pekat’s expertise is becoming increasingly relevant at a time when more and more organisations are becoming carbon-conscious and are seeking to adopt clean, renewable energy. 

“With prices of coal to oil and gas having more than doubled in the last two years, the cost of generating electricity from such fuels have escalated and our domestic electricity tariff has been adversely impacted. 

“However, notwithstanding the cost challenges arising from the global supply chain disruptions, we are optimistic of our growth prospects in the renewable energy space moving forward,” he said.

Source: NST