KUALA LUMPUR: Kejuruteraan Asastera Bhd, (KAB) through its wholly-owned firm, KAB Gree Photo voltaic Sdn Bhd has signed an influence buy settlement (PPA) with Mydin Mohamed Holdings Bhd (Mydin) to develop a renewable power asset for Mydin in Kelantan.
Below the PPA, KAB Gree Photo voltaic will design, assemble, set up, personal, function and keep a grid-connected photo voltaic photovoltaic (PV) power system on the roof of the open automotive park of the Mydin Tunjong Hypermarket.
KAB managing director Datuk Lai Keng Onn stated the PPA allows the group to help Mydin’s dedication to the longer term era, which emphasizes the significance of a sustainable working setting.
“This long-term contract with such a dedicated retailer is consistent with our technique of partaking with organizations that share the identical worth,” he stated in a press release yesterday.
Below part one of many PPA, KAB will present Mydin with as much as 2,041.65 kilowatts peak (kWp) of photo voltaic electrical energy in complete all through the time period of the settlement.
In the meantime, Mydin is anticipated to generate 66 million kilowatts per hour (kWh) in power financial savings, and 38,650 tonnes of carbon dioxide equal (CO2e) can be averted over a 21-year interval.
Below part two, KAB will develop an extra 2,064.40 kWp as soon as the phrases and implementation timeline are finalised.
“We’ve got all the time been searching for a chance to work along with organizations which are eager to cut back their carbon footprint, and we have now carried out this efficiently by constantly partaking with companies that share comparable aspirations with us,” stated Lai.
The group stated the PPA is absolutely aligned with KAB’s long-term technique to develop renewable power belongings as certainly one of its key progress drivers. — Bernama