Cypark unit gets Seda nod to build 1.5MW biogas plant in Johor
KUALA LUMPUR: Cypark Resources Bhd 's 51% indirectly-owned subsidiary, Reviva BACRE (Ulu Remis) Sdn Bhd, has received approval from the Sustainable Energy Development Authority Malaysia (SEDA) to develop a 1.5MW biogas facility in Layang-Layang, Johor.
In a filing with Bursa Malaysia, Cypark said the approval was awarded under SEDA's 2025 Feed-in Tariff (FiT) e-bidding programme.
The project, with a net export capacity of 1.3MW, is scheduled for completion by July 25, 2028. Upon commissioning, it will supply renewable electricity to the national grid for 21 years under the FiT mechanism.
'This project marks another meaningful step in Cypark's journey to become Malaysia's most trusted and integrated renewable energy partner. We continue to strengthen our commitment to deliver clean energy solutions that support the nation's energy transition and circular economy agenda.
'We see this as not just a project win, but a reaffirmation of our broader role in building resilient, income-generating infrastructure for a sustainable Malaysia,' group managing director Datuk Ami Moris said in a statement.
Cypark said that while the project is not expected to have a material impact on the group's earnings for the financial year ending April 30, 2026, it is anticipated to contribute positively to future earnings once operational.
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Cypark unit gets Seda nod to build 1.5MW biogas plant in Johor
Cypark group managing director Datuk Ami Moris KUALA LUMPUR: Cypark Resources Bhd 's 51% indirectly-owned subsidiary, Reviva BACRE (Ulu Remis) Sdn Bhd, has received approval from the Sustainable Energy Development Authority Malaysia (SEDA) to develop a 1.5MW biogas facility in Layang-Layang, Johor. In a filing with Bursa Malaysia, Cypark said the approval was awarded under SEDA's 2025 Feed-in Tariff (FiT) e-bidding programme. The project, with a net export capacity of 1.3MW, is scheduled for completion by July 25, 2028. Upon commissioning, it will supply renewable electricity to the national grid for 21 years under the FiT mechanism. 'This project marks another meaningful step in Cypark's journey to become Malaysia's most trusted and integrated renewable energy partner. We continue to strengthen our commitment to deliver clean energy solutions that support the nation's energy transition and circular economy agenda. 'We see this as not just a project win, but a reaffirmation of our broader role in building resilient, income-generating infrastructure for a sustainable Malaysia,' group managing director Datuk Ami Moris said in a statement. Cypark said that while the project is not expected to have a material impact on the group's earnings for the financial year ending April 30, 2026, it is anticipated to contribute positively to future earnings once operational.
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