Pursuant to the Letter of Notification received from Suruhanjaya Tenaga (Energy Commission) on 23 March 2021 in relation to the development of 50MW Large Scale Solar Photovoltaic Plant in Gopeng, Perak, Gopeng Berhad wishes to announce that it's wholly owned subsidiary GBS Suria Sdn Bhd (Co. Reg No ; 202101013484 -1413783-V) has signed a Power Purchase Agreement (PPA) on this day with Tenaga Nasional Berhad (TNB) for the said purpose.
The PPA governs the obligations of Parties to Sell and Purchase energy generated by the facility for a period of 21 years from the commercial operation date in accordance with the agreed terms and conditions stipulated in the PPA.
None of the Directors or Major Shareholders of Gopeng Berhad and/or persons connected with them has any interest, direct or indirect, in relation to the above-said PPA.