Reservoir Link Secures RM21.0 Million Contract from Samaiden

Reservoir Link Secures RM21.0 Million Contract from Samaiden

Contributing towards a be1er and greener future ahead

Kuala Lumpur, 29 September 2023 – Reservoir Link Energy Bhd (“Reservoir Link” or “Group”), an energy related services provider, announced that its 51% owned subsidiary Founder Energy Sdn Bhd, has received a letter of award from Samaiden Sdn Bhd (“Samaiden”) for subcontracting work of a large scale solar photovoltaic plant located in Kedah, with a total built capacity of 50.0MWac. The abovementioned contract is valued at RM21.0 million and is slated to be completed by June 2024.

Under the terms of the contract, Reservoir Link will be responsible for providing subcontracting work related to civil and structural, as well as mechanical and electrical works within the site, in addition to the supply of solar photovoltaic plant mounting structures.

Reservoir Link Executive Director Thien Chiet Chai said, “Aligned with our objectives, which outlines our commitment towards sustainable growth, we are delighted to have been awarded such a significant project. This also reflects our proven track record within the renewable energy space as we work alongside notable players such as Samaiden to provide more sustainable energy solutions, thereby contributing towards a greener future.”

“Looking ahead, we are anticipating accelerated growth from the adoption of renewable energy technologies, in alignment with the government’s agenda. In addition, we foresee more businesses coming onboard to embrace the energy transition which will lead to more opportunities ahead for us given our presence in this industry,” he added.