IPP

This will fund three major solar farms with a combined capacity of about 460MW. 

Four of which were signed as the sole bidder, whilst two were in partnership with IOCL. 

The company will launch two new projects in the country. 

It will provide for the company’s gas-fired power plants. 

The proposed sale will cut Sembcorp’s GHG emission intensity to 0.32 tCO2e/MWh.

This will bring the IPP’s total installed capacity to over 70GW.

It will be carried out from 4 January to 28 February 2023.

The SRO has proceeds worth P2.8b.

Thanks to higher average selling prices.

The companies seek to unlock at least RM10b in commercial value up to 2035.

It has a 100MW of capacity.

The combined cash balance amounted to $6.8b in the first quarter. 

This is meant to promote sustainable rural entrepreneurship.

This is down from a net profit of US$5m in the same quarter in 2022. 

The project is scheduled to start commercial operation in 2023.

This is in line with Malaysia’s carbon-neutral targets.