LBS Bina Group Bhd has recently obtained a solar power contract with a capacity of 28.67 megawatts (MW) under the Corporate Green Power Programme (CGPP). This achievement resulted from a collaborative effort involving Setara Armada Sdn Bhd, MWG Power Sdn Bhd, and Ocean Solar Energy Sdn Bhd.
This move aligns with LBS’ commitment to environmental, social, and governance (ESG) principles, highlighting the company’s dedication to fostering sustainable and environmentally responsible developments.
Participation in the CGPP showcases LBS’ integration of eco-friendly practices into its core business operations, reinforcing its position as a responsible corporate entity and advancing its broader goal of entering the renewable energy sector.
Through the utilization of 28.67 megawatts (MW) of green energy, LBS intends to make a substantial contribution to the reduction of carbon emissions and actively support clean energy initiatives in the region.
LBS Executive Chairman Tan Sri Lim Hock San emphasized that the company’s success in the CGPP reaffirms its unwavering dedication to environmental stewardship, reflecting a strategy centered on ESG and collaborative efforts with esteemed partners.
The consortium’s combined expertise in the renewable energy sector highlights the potential of strategic partnerships in advancing sustainable practices and driving positive transformations. LBS plans to leverage the newly acquired green power capacity to enhance the environmental performance of its projects in the coming years.