Scanwolf unit seals deal with TNB, Armani for solar PV system

TheStar Wed, Mar 27, 2024 12:00am - 1 month View Original


KUALA LUMPUR: Scanwolf Corp Bhd, through its subsidiary Scanwolf Plastic Industries Sdn Bhd (SPI), has signed a 20-year supply agreement of renewable energy with Tenaga Nasional Bhd (TNB) and Armani Energy Sdn Bhd (AESB) for the purchase of solar photovoltaic (PV) energy.

In a filing with Bursa Malaysia yesterday, Scanwolf said the energy will be generated and delivered by AESB at SPI’s premises in Tronoh, Perak.

“SPI shall make solar energy payments in full to TNB for such net electrical output and solar PV system monthly at a solar energy rate of 32 sen per kilowatt-hour.

“The company is expected to save RM23,000 monthly through the usage of the solar PV system,” it said.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 7.460
SCNWOLF 0.425
TENAGA 11.960

Comments

Login to comment.