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Reservoir Link Energy Bhd (RLEB) announce that Founder Energy Sdn. Bhd. (FESB), a 51% owned subsidiary of RLEB received a letter of award from Savelite Engineering Sdn. Bhd. for turnkey construction and commission of a large-scale solar photovoltaic plant of 25MWac at Lot 9995, Mukim Setiawan, Daerah Manjung, Perak Darul Ridzuan.
The Project site owner will be Suriamas Energy (Maritime) Sdn Bhd. FESB shall immediately commence the limited portions of the Works as to be specified in the Limited Notice to Proceed issued by Savelite Engineering. Subsequently, FESB shall immediately commence the full scope of Works after receiving Notice to Proceed from Savelite Engineering and to achieve the Completion Date on 31 December 2022.
The Contract price amounting to RM16.7 million shall be deemed to be inclusive of inter alia labour, material, transport, delivery, handling, packaging and all taxes, levies, duties, fiscal charges, freight charges, warehousing charges and other related charges and services necessary for the successful performance and completion of the Works.
FESB is required to provide a performance bond for the Project for 10% of the Contract sum to Savelite Engineering.
Reservoir Link Executive Director, Thien Chiet Chai said, “The continuous wins are testament to our exceptional services and strong track records, which we have been known for as the largest player in engineering, procurement and construction for solar photovoltaic projects in Malaysia. Benching on our strengths and given our belief in the ramp-up of renewable energy projects, we expect more projects to be awarded in the coming months, with the progression of large-scale solar projects well underway.”
Savelite Engineering Sdn Bhd was incorporated on 2 June 2010 and provides provisions for mechanical and electrical engineering services. Their core business is centred on the design, installation and maintenance of internal & external LV & HT electrical installation, ELV and surveillance systems, air conditioning & ventilation systems, maintenance services and solar energy farm.