Ann Joo unit bags RM61.89mil solar subcontract deal
KUALA LUMPUR: Ann Joo Resources Bhd’s indirect wholly owned subsidiary, IAC Infrastructure Sdn Bhd, has entered into a subcontract agreement worth RM61.89 million.
Ann Joo Resources Bhd's wholly owned subsidiary, IAC Infrastructure Sdn Bhd, has secured a RM61.89 million subcontract deal to develop a 100-megawatt alternating current solar photovoltaic plant in Malaysia's northern region. The agreement, signed on October 2, 2026, involves an EPCC contractor who will handle the turnkey design, build, test, and commissioning of interconnection facilities and transmission line works.
The generated electricity will be delivered to the national grid through Tenaga Nasional Bhd's transmission system. The project is in line with Malaysia's renewable energy expansion goals and is expected to be completed by the third quarter of 2027.
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