Seven Public-Listed Companies Shortlisted For LSS5+ Solar Projects

KUALA LUMPUR, Companies linked to at least seven public-listed firms have received letters of notification from the Energy Commission (EC), naming them as shortlisted bidders under the latest Large-Scale Solar (LSS5+) programme.

The shortlisted bids form part of 13 successful submissions out of 37 proposals received. To proceed, bidders must comply with the terms and conditions stipulated in the notification letters.

According to stock exchange filings, an 80:20 consortium between Malakoff Corp Bhd and Solarvest Holdings Bhd has been awarded a project to develop a solar farm in Larut and Matang, Perak, with a capacity of 470MWac.

Separately, a 51:49 consortium between Sunview Group Bhd and Cypark Resources Bhd has been shortlisted to build a 99.99MW solar photovoltaic plant in Port Dickson, Negeri Sembilan.

Another shortlisted consortium comprises Samaiden Group Bhd and JBB Builders (M) Sdn Bhd, which plans to develop a 99.99MW solar plant in Segamat, Johor. The consortium’s equity structure has yet to be disclosed.

Industry sources also indicated that YTL Power International Bhd has been shortlisted for a 100MW solar farm in Kelantan, while Tenaga Nasional Bhd (TNB) is expected to undertake one of the programme’s flagship projects – a large-scale floating solar farm.

In total, the LSS5+ shortlist represents a combined capacity of 1,975MW, including one of Malaysia’s largest floating solar installations, with a planned capacity of 200MW.

As with previous rounds, the selected LSS projects will supply electricity to the national grid under a 21-year power purchase agreement upon commissioning. Completion is targeted between 2027 and 2028, according to an earlier statement by the Ministry of Energy Transition and Water Transformation, which did not disclose the names of successful bidders.

Share this post :

Facebook
Twitter
LinkedIn
Scroll to Top

Subscribe
FREE Newsletter