The company said it had received a letter of notification from the Energy Commission (EC) on March 12 that it was one of 10 shortlisted bidders for the project in Batang Padang, Perak.
The project involves finance, design, supply, maintain, build, own, and operate a 50 Megawatts (MW) large scale solar photovoltaic (LSSPV) plant.
"With sustainability being a focus in Ranhill's water and power operations, these notifications lead them to actively pursuing an ambitious plan to continuously reduce their carbon footprint.
"Eventually, Ranhill aims to produce enough clean renewable energy to match our annual electricity consumption," it said.
Previously, EC had shortlisted 30 bidders, including several listed companies, to develop new large scale solar power projects across the country.
The projects are part of the LSSPV plants in Peninsular Malaysia for commercial operation in 2022 and 2023.
The EC said the shortlisted companies comprised 20 companies covering 323.06 megawatts (MW) under Package P1, between 10MW and below 30MW each, and 10 companies across 500MW under Package P2 between 30MW and 50MW each.
"The selection is based on bids with the most competitive prices and meeting all requests for proposal requirements, " it said.