Protasco bags RM92m contract

Protasco Bhd’s sub-subsidiary I2 Solarpark One Sdn Bhd has received an offer from the Energy Commission of Malaysia to develop the 6.80MW a.c Large Scale Solar Photovoltaic at Mukim Sungei Baru Tengah, Alor Gajah, Melaka.
 
In an exchange filing with Bursa Malaysia yesterday, Protasco noted I2 Solarpark has signed a 21-year Power Purchase Agreement with Tenaga Nasional Bhd to sell the power to.
 
The renewable energy power plant is expected to commence operation by December 2020 and to contribute some RM92 million to the group over the period.

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