PETALING JAYA: Reservoir Link Energy Bhd’s 51%-owned subsidiary Founder Energy Sdn Bhd has received a contract from a unit of Solarvest Holdings Bhd to develop a large-scale solar photovoltaic plant in Mukim Beriah, Kerian, Perak for RM14.9mil.

       In a filing with the stock exchange, the company said that the letter of award pertains to the engineering, construction and commissioning of the project and all worked related to the nature of the award.

       The initial operation date of the project will be on Nov 30, 2022, while the schedule commercial operation date will be on Dec 30, 2022.

       “The contract is expected to contribute positively towards the earnings of the company and its subsidiaries for the financial year ending Dec 31 2022,” said Reservoir Link Energy.