PETALING JAYA: Kejuruteraan Asastera Bhd (KAB) has secured three new solar photovoltaic (PV) projects in Thailand worth RM55.71mil.
In a filing with Bursa Malaysia, KAB said its indirect subsidiaries, KAB Gree Solar Thai Co Ltd (KABGST) and Energy Optimisation (Thailand) Co Ltd (EOT), secured three projects for grid connected photovoltaic (GCPV) solar systems with an estimated aggregate capacity of 4,537 kilowatt-peak in Thailand.
According to KAB, four 15-year power purchase agreements (PPAs) would be signed between KABGST and Aapico Group of Companies, which comprises four subsidiary companies.
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