Malakoff Corporation Berhad has signed a Memorandum of Understanding with Touch Meccanica Sdn Bhd to develop large scale solar PV and mini hydro power projects in the state of Pahang, Malaysia.
Pahang is the largest state and has the longest river in Peninsular Malaysia, making it attractive for the development of large scale solar photovoltaic and small hydro projects. The companies have agreed to discuss the projects further and Malakoff will now conduct a feasibility study to ascertain the projects technical and commercial viability.
The MoU was signed by Malakoff Chief Executive Officer, YBhg Dato’ Ahmad Fuaad Kenali while TMn was represented by its Chief Executive Officer, Y.M. Tengku Dato’ Abdul Aziz bin Tengku Ibrahim.
“This MoU will serve as a platform to exchange knowledge and expertise that will be of invaluable benefit to both companies” said Dato’ Ahmad Fuaad. “It also shows Malakoff’s commitment to expand renewable energy in its generation portfolio. These projects will serve as a catalyst for Malakoff to play a bigger role in developing RE projects in Malaysia”.
Malakoff is an independent water and power producer (IWPP) with core focus on power generation, water desalination and operation & maintenance services. The company is the largest independent power producer in Malaysia with a net generating capacity of 6,346 MW from its seven power plants. International assets include power and water ventures in Saudi Arabia, Algeria, Bahrain, Oman and Australia, with an effective capacity of 690 MW of power and 444,800 m3/day of water desalination.