About Jaks solar power sdn bhd Turkmenistan
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3 FAQs about [Jaks solar power sdn bhd Turkmenistan]
Who is JAKs solar power Sdn Bhd?
In March 2021, JAKS Solar Power Sdn Bhd, a wholly-owned subsidiary of JAKS, was awarded for the fourth cycle of the large scale solar under Package 2 for the capacity of 50 MW ("LSS4"), our first pilot project. This project rides on Global Environmental, Social, and Governance ("ESG") standards / Renewable Energy movement.
What is JAKs' flagship asset & investment?
The flagship asset and investment under JAKS comprise of a 1,200 MW Build-Operate-Transfer power plant project in Hai Duong Province, Vietnam as a joint development with China Power Engineering Consulting Group Co. Ltd and a 50MW solar PV project under the LSS4 programme in Nibong Tebal, Penang.
Is JAKs incorporating ESG into our business strategy?
JAKS is currently working to incorporate ESG as core of our business as we understand how important the ESG will impact our business strategy. We have signed the power purchase agreement with TNB in August 2021 and have successfully achieved financial close and commenced operation in March 2022.
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