scale solar programme to unlock RM9 bil in EPCC jobs, awards expected by 2H2027 — Maybank
Maybank Investment expects the sixth phase of Malaysia's Large Scale Solar (LSS6) programme to generate up to RM9 billion in engineering and construction contracts. The program includes mandatory battery storage integration, creating new opportunities for renewable energy firms.
Why it matters
This initiative represents a significant investment in renewable energy infrastructure and provides a pipeline for the local construction sector.
BURSA SGX Home Sector Focus Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (July 17): The sixth phase of the Large Scale Solar programme (LSS6) is expected to bring in opportunities valued between RM8 billion and RM9 billion for engineering, procurement, construction and commissioning (EPCC) beneficiaries, Maybank Investment said in a note.
The outlook was supported by LSS6 being the first LSS programme to include mandatory integration of battery energy storage systems, which would increase the current solar capacity of 2.5 gigawatts by an additional 1.2 gigawatts, providing additional revenue.
Due for bidding from July to August 2026, the research house expects shortlisted bidders to be announced in the first half of 2027 (1H2027) and contract awards to be given in 2H2027.
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