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Ten successful bidders signed PPAs

19-Aug-2021

On 19 and 23 August 2021, ten companies successfully executed power purchase agreements (PPAs) with TNB. This is in relation to the LSS@MEnTARI bidding cycle organised by Suruhanjaya Tenaga in the second half of 2020. Each project is 50MWac in size and will contribute 500MWac of new LSS capacity in the grid system by 2023. Since the introduction of the LSS program in 2016, a total of 1,750 MW was awarded for transmission connected package with current total operational capacity of 609MW. The execution of the PPAs in relation with the LSS@MEnTARI bidding cycle is in line with supporting the Malaysia Government’s effort to increase the share of renewable energy (RE) capacity to 31% in 2025.

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