翻译
Founder Group Limited, a NASDAQ-listed, Malaysia-headquartered EPCC (engineering, procurement, construction and commissioning) provider, has confirmed that its subsidiary Founder Energy Sdn. Bhd. is actively tendering for packages under LSS6, Malaysia’s largest-ever utility-scale solar tender. The announcement is a useful marker for anyone tracking who the real players will be as LSS6 packages get awarded.
LSS6 is Malaysia’s largest utility-scale solar tender to date. The Ministry of Energy Transition and Water Transformation (PETRA) launched it in July 2026 with a total quota of 2,500MW of solar capacity paired with 1,250MW of battery energy storage system (BESS) capacity, plus a further 150MW of standalone solar reserved for Bumiputera companies. The programme is expected to attract between RM13 billion and RM15 billion in private investment, with commercial operation targeted by 31 December 2029.
Who is Founder Energy?
Founder Energy is not a new entrant. Since 2016, it has completed or worked on more than 70 solar EPCC and sub-EPCC projects across Peninsular Malaysia, spanning most phases of the government’s LSS programme, the Corporate Green Power Programme (CGPP), independent power producer (IPP) and Self-Consumption (SELCO) schemes, floating solar, and commercial and industrial (C&I) rooftop installations. Its completed and ongoing project base represents more than 1GWp of combined DC solar capacity, with an aggregate contract value of roughly RM520 million.
Why this matters for market watchers
Founder Group’s own framing is worth noting: it describes its end-to-end EPCC capability as well matched to LSS6’s scale and phased, multi-year build-out through 2029, and points to AI-driven operations and maintenance (O&M) for solar-plus-storage assets as a source of recurring, long-duration revenue — not just one-off construction income. That combination is a pattern worth watching across LSS6 more broadly: developers and EPCC contractors that can credibly offer both build and long-term O&M are positioning themselves for revenue that outlasts the construction phase.
For MESA members tracking the competitive landscape, Founder Energy’s move is one data point among several. As LSS6 tender results are announced over the coming months, the more useful signal won’t be the headline MW figures each developer claims, but which EPCC contractors actually have the balance sheet, track record and O&M capability to deliver on a programme running through 2029.
