Samaiden Shortlisted To Develop 99.99MW Large Scale Solar PV Plant In Kelantan
KUALA LUMPUR, Dec 30 (Bernama) -- Renewable energy (RE) solutions provider Samaiden Group Bhd’s (Samaiden) wholly-owned subsidiary, Samaiden Sdn Bhd (SSB), has been shortlisted for the development of a 99.99-megawatt (MW) large scale solar photovoltaic (PV) plant in Pasir Mas, Kelantan.
Samaiden said SSB has been awarded a Letter of Notification (LON) by the Energy Commission on Dec 23, 2024 for the development of the plant.
“The LON formally acknowledged SSB as a shortlisted bidder for the project under the Large Scale Solar 5 programme.
“SSB was selected under Package 3 (30MW to 500MW category) based on its competitive bid and fulfilment of the Request for Proposal criteria, reinforcing Samaiden’s reputation for delivering large-scale RE solutions,” the group said in a statement today.
Samaiden further said the project will be developed under a 21-year Solar Power Purchase Agreement (PPA) with Tenaga Nasional Bhd, ensuring a stable and long-term revenue stream for the company.
“The plant is scheduled to achieve its Commercial Operation Date by Oct 11, 2027, marking the date when it will begin supplying electricity to the national power grid,” it said.
Samaiden group managing director Datuk Chow Pui Hee said that the development of the plant in Pasir Mas aligns with the company's strategic plan to expand its asset portfolio.
“This project is a testament to Samaiden’s commitment to supporting Malaysia’s goal of achieving a 70 per cent renewable energy mix by 2050, and we are eager to bring this initiative to fruition while maintaining our dedication to environmental stewardship,” she said.
-- BERNAMA