Eden to develop 29.99 MW solar plant in Kuantan

KUALA LUMPUR: Eden Inc Bhd's fully owned subsidiary, Daya Cipta Sdn Bhd, has received a notification letter from the Energy Commission for the development of a 29.99 MW large-scale solar (LSS) photovoltaic plant on a site owned by the company in Gebeng, Kuantan, Pahang.

In a filing with Bursa Malaysia, Eden said the solar power purchase agreement will be executed with Tenaga Nasional Bhd for a term of 21 years.

The scheduled commercial operation date shall be no later than July 28, 2027.

Eden said the project will be financed through bank loans and/or internal funds.