April 16 (Renewables Now) - Malaysian power producer Malakoff Corp Bhd (KLSE:MALAKOF) on Thursday announced it has received an order to deliver operation and maintenance (O&M) services for a 29-MW solar project in southern Malaysia.
The deal was awarded by ZEC Solar Sdn Bhd, which won the photovoltaic (PV) project in a tender for large-scale solar capacity held by the Energy Commission of Malaysia. According to a bourse statement, Malakoff will provide the O&M services through its subsidiary Teknik Janakuasa Sdn Bhd (TJSB), which in turn will collaborate with Zelleco Engineering Sdn Bhd.
TJSB and Zelleco Engineering will set up a special purpose company to work under the contract. The new entity will be responsible for operating, maintaining and repairing the PV park in Kota Tinggi, Johor state, for 21 years starting December 2018.
“This agreement marks Malakoff’s first foray into the O&M of renewable energy assets and also means that our O&M business has now expanded to include both thermal, or conventional, and renewable energy power generation,” said Datuk Ahmad Fuaad Mohd Kenali, Malakoff’s CEO. Its unit TJSB presently operates and maintains six power plants in Malaysia and three outside the country.
As part of its renewables commitment, earlier this year Malakoff joined hands with domestic firm Touch Meccanica Sdn to co-develop renewable energy projects in Malaysia, including large-scale solar and small hydropower plant (HPP) schemes.