Nusantara Suriamas Sdn Bhd

Location: Tawau, Sabah

Description:

Utilities Division 70%-owned subsidiary Nusantara Suriamas Sdn Bhd (NSSB) has signed a power purchase agreement (PPA) with Sabah Electricity Sdn Bhd (SESB) for a large-scale solar power plant photovoltaic (LSSPV) in December 2021.

NSSB will design, construct and operate a solar photovoltaic energy generating facility with a capacity of 5.9 Megawatt alternating current (MWac) in Tawau, for connection to SESB’s medium voltage distribution network at PPU Sri Indah.

The PPA governs the obligations of NSSB and SESB to sell and purchase the energy generated by the facility for a period of 21 years from the commercial operation date which is expected on 30 June 2024.