Samaiden Group Berhad, a leading renewable energy specialist, announced that its subsidiary, Samaiden Sdn Bhd, has been awarded a contract worth RM181.34 million to develop a solar power plant in Mukim Sungai Petani, Kedah.
The contract was awarded by Suria Infiniti Sdn. Bhd., an associate company of Uzma Berhad, with the solar power plant owned by Uzma Kuala Muda Sdn. Bhd.
The project involves the construction of a large-scale solar PV power plant with a capacity of 50MWac, approved under the LSS4 program by the Energy Commission. The contract is expected to positively impact Samaiden’s earnings throughout the project’s duration.
Samaiden’s Group Managing Director, Ir. Chow Pui Hee, expressed satisfaction with the contract, stating that it would contribute to the company’s long-term financial performance and support its strategy of geographic diversification. As the demand for renewable energy grows among businesses and governments, Samaiden aims to meet sustainability commitments and provide a lower-cost source of energy.