Edra Power Holdings Sdn Bhd, a leading clean energy group in Southeast Asia focusing on gas power generation, is to build a large-scale solar photovoltaic plant in Malaysia, with a generating capacity of 50 MW.
The project will be built on agricultural land in Kuala Ketil in the northwestern state of Kedah. The Kedah solar plant is expected to generate approximately 80,000 MWh of electricity per year The clean solar electricity will avoid 36,000 tons of carbon emissions per year, thereby supporting the government's initiative to reduce the generation of greenhouse gases.
The total investment for the project amounts to MYR400 million (US$98.2 million).
Edra is the second largest IPP in Malaysia and Bangladesh and is the largest IPP group operating in Egypt. It is a wholly-owned subsidiary of China General Nuclear Power Corp (CGN), which acquired the company at the end of 2015 for MYR9.83 billion (US$2.2 billion).
The group has a portfolio of 13 power and desalination plants in Malaysia, Egypt, Bangladesh, Pakistan and the United Arab Emirates, with a total net generating capacity of 5,529 MW and a water desalination capacity of 16 million imperial gallons per day.
Tenaga Nasional Bhd (TNB), the only electric utility company in Malaysia, has announced it has signed two Power Purchase Agreements (PPAs) for two 50 MW solar projects.
Read moreScatec Solar has entered the Malaysian large-scale solar energy market by joining forces with a local ItraMAS-led consortium that has signed three 21-year Power Purchase Agreements with the country's largest electricity utility, Tenaga Nasional Berhad.
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