The project is being developed by Kumpulan Melaka Berhad (KMB), which is wholly owned by Chief Minister Incorporated.
Chief Minister Datuk Seri Mohd Ali Rustam said all the power generated by the solar farm would be sold to Tenaga Nasional Berhad and the electricity would be channelled directly into the national power grid (NPG).
“The power harvested from sunlight will be channelled into the NPG in three phases obtained which will be on Dec 15, and Jan 15 and Feb 15 next year.”
He also said the plant would be able to supply 17MW a day to the NPG.
“In a month we will be able to sell 514MW to TNB and in a year, it will come up to 6,162MW.
“We expect that after servicing the RM41 million loan which we had taken from the Malaysia Debt Ventures Berhad (MDV), a company owned by the Ministry of Finance Incorporated, we would be able to make a profit of RM73 million after 21 years.”
Rustam said this after performing the groundbreaking for the plant and witnessing the signing of the agreement to finance the project between KMB and MDV at the Melaka World Solar Valley yesterday.
Present were Energy, Green Technology and Water Deputy Minister Datuk Noriah Kasnon and Sustainable Energy Development Authority chairman Tan Sri Dr Fong Chan Onn, who is also Alor Gajah MP.
Mohd Ali said two more solar farms would be developed in Jasin and the Krubong landfill.
Malacca Chief Minister Datuk Seri Mohd Ali Rustam (second from left), with Deputy Energy, Green Technology and Water MinisterDeputy Minister Datuk Noriah Kasnon (fourth from left) and Sustainable Energy Development Authority Malaysia chairman Tan Sri Fong Chan Onn (left) looking at a sample of the solar panel at the launch of the solar farm at Melaka World Solar Valley in the Rembia Industrial Area. Pic by Mohd Khairul Helmy Mohd Din