Company Name
:
EP MANUFACTURING BHD
Stock Name
:
EPMB  
Date Announced
:
14/05/2013


Type
:
Announcement
Subject
:
OTHERS

Description
:
EP MANUFACTURING BHD ("EPMB" OR "THE COMPANY")
RENEWABLE ENERGY PROJECT

The Company wishes to announce that the renewable energy project which is undertaken by its wholly-owned subsidiary, Peps-JV (M) Sdn Bhd ("Peps-JV") via Solar Building Integrated Photovoltaic ("BIPV") technology is expected to commission for supply of up to 2MWp renewable solar energy in June 2013.

The electricity supply is under the Feed-in Tariff ("FiT") program by Sustainable Energy Development Authority Malaysia ("SEDA") in support of the Government National Key Economic Area program. Peps-JV had received the Feed-in Approval Holder (FiAH) certificate from SEDA to generate and supply 2MWp renewable energy to Tenaga National Berhad ("TNB") for 21 years under the Renewable Energy Power Purchase Agreement (REPPA) dated 23 July 2012.

The project is not expected to have any material effect on the net assets and earnings of the Group for the financial year ending 31 December 2013.

Announcement Details/Table Section :



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