Cypark awarded RM260.51 million solar plant project

Cypark Resources Bhd has bagged a RM260.51 million contract for the construction of a 30MW large scale solar photovoltaic plant at Empangan Kelinchi, Negeri Sembilan.

The company told Bursa Malaysia it had on January 26 accepted the conditional letter of award dated January 26, 2018 from Cove Suria Sdn Bhd.

The engineering, procurement, construction and commissioning of the plant is for a period of 24 months, while operation and maintenance will last for 21 years.

At 2.31pm, Cypark’s share price was unchanged at RM2.52 on some 227,300 shares done.