KUALA LUMPUR, BM Greentech Bhd’s wholly owned subsidiary, Plus Xnergy Services Sdn Bhd, has clinched contracts worth RM95.01 million from Nefin V Power Sdn Bhd to develop a 29.99-megawatt alternating current (MWac) solar photovoltaic (PV) plant.
According to a Bursa Malaysia filing, RM64.87 million of the total contract value is allocated for the procurement and supply of machinery, equipment, materials, and tools, including PV panels and mounting structures.
The remaining RM30.14 million covers the engineering and construction agreement, which involves the design, engineering, project management, and construction of the solar farm, BM Greentech said.
The company expects the project to positively impact its net assets and earnings per share for the financial year ending March 31, 2026, and continuing until the project’s completion, assuming no unforeseen delays.
