PETALING JAYA: Minetech Resources Bhd’s subsidiary, Coral Power Sdn Bhd (CPSB), has been granted the Commissioning Test Certificate (CTC) by the Energy Commission for a 60 acres large-scale solar (LSS) power plant.
According to the power purchase agreement and Tenaga Nasional Bhd’s (TNB) letter, CPSB's power plant has been cleared for commercial operation beginning May 29, 2023.
"Our investment in renewable energy is not just a business decision; it's a statement of our commitment to sustainable growth. By generating 9.99MW of clean energy, we are contributing to the environment and ensuring long-term sustainable contribution to our company’s revenue for 21 years,” the civil engineering specialist and bituminous products manufacturer said in a statement.
"As we successfully launch this solar power plant, we're not only looking at the immediate financial growth but the long-term prospects of green energy. Renewable energy is an exciting frontier for innovation and sustainability. Minetech is committed to continuing its exploration and expansion in this vital sector, aligning our business practices with global environmental goals and contributing to a greener future for all."