Large scale solar concerns
THE country’s fourth large scale solar (LSS4) programme, which announced a total of 30 winners on March 12, has incorporated several major changes compared to the previous round.
Unlike LSS3 that came with a quota of 500MW, the latest round offered double the capacity at 1,000MW. In addition, only 100% locally owned companies are allowed to bid, and as for listed players, they were required to have at least 75% local shareholding.
However, a major difference between LSS3 and LSS4 would be the fact the latter entails a much larger pool of winners, with 10 listed companies directly benefiting from the programme.
In comparison, LSS3 had only five winners.
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