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The Energy Commission of Malaysia (“Energy Commission“) had on 1 April 2024 announced that it will undertake the 5th round of competitive bidding process under the Large Scale Solar Program (LSS) or LSS-Peralihan Tenaga SuRiA (“LSS PETRA“). A total solar quota of 2,000MWac will be allocated and four packages, ranging from 1MWac  to 500MWac will be offered to the qualified developers (companies or consortiums). This initiative is part of the government’s ongoing efforts to expand renewable energy sources and to ensure a continuous energy supply in the country.

Interested companies and consortiums are encouraged to refer to the detailed information set out in the RFP document, which is available for purchase online via Energy Commission’s website at www.st.gov.my from 1 April 2024 to 16 April 2024, priced at RM3,000 each. Bidders are required to make physical submission of the RFP document, which must be received by the Energy Commission no later than 5:00PM, 25 July 2024.

Author

Mark Lim is the managing partner of Wong & Partners and also heads the Finance & Projects Practice Group. He has been hailed for his work in Islamic finance, debt capital markets, loans and regulatory work by established legal directories including Chambers Asia Pacific, IFLR1000 and Legal 500 Asia Pacific.
Mark has been Highly Regarded by IFLR1000 for capital markets, banking and project finance from 2011 and for energy and infrastructure since 2016. Legal 500 Asia Pacific has ranked him among their Leading Individuals for banking and finance since 2014 and inducted him into their Hall of Fame in 2021. According to Chambers Asia Pacific, clients commend him as a "highly experienced, knowledgeable and incisive lawyer" with a "strong appreciation for commercial issues and is able to provide effective legal advice on complex transactions".

Author

Faez Abdul Razak is a partner in the Kuala Lumpur Finance & Projects practice group..

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