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Samaiden shares rise on 21-year solar power deal with TNB

Malay Mail LogoMalay Mail23h ago

Samaiden shares rise on 21-year solar power deal with TNB - Malay Mail

Quick Summary:

KUALA LUMPUR, March 20 — Samaiden Group Bhd rose in early trade after signing a 21-year power purchase agreement (PPA) w...

Under the PPA, TNB will purchase net energy output from Samaiden’s facility, capped at 257,988.14 megawatt-hours annually, over 21 years from the scheduled commercial operation date of 11 October 2027.

On Wednesday, the group said its wholly owned subsidiary, Samaiden Legasi Timur Sdn Bhd, would connect the solar plant to TNB’s high-voltage distribution network at project sites under the large-scale solar five programme.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 11:04:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 119 words

Reading Time: 1 minutes read

Sentences: 9 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 27184277

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 20 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 53 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

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The story "Samaiden shares rise on 21-year solar power deal with TNB" was covered 23 hours ago by Malay Mail, a news publisher based in Malaysia.

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  • News ID: #27184277
  • URL: https://chronographically.beamstart.com/news/samaiden-shares-rise-on-21-17424408075834

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