Results Of Feed-in Tariff Quota Application for Biogas Under E-bidding For The Year 2025
Type | Announcement |
Subject | OTHERS |
Description | Cypark Resources Berhad - Results of Feed-in Tariff Quota Application for Biogas under E-Bidding for the Year 2025 |
The Board of Directors of Cypark Resources Berhad (“CRB” or the “Company”) wishes to announce that the Company’s 51% indirectly-owned subsidiary, Reviva BACRE (Ulu Remis) Sdn. Bhd. had on 31 July 2025 received the approval letter dated 25 July 2025 from the Sustainable Energy Development Authority Malaysia (“SEDA”) for Feed-in Tariff application to carry out the development of biogas project (“Project”) with the following details:
Name of Feed-in Approval Holder (FiAH) |
Installed Capacity (MW) |
Net Export Capacity (MW) |
Location |
Reviva BACRE (Ulu Remis) Sdn. Bhd. |
1.5 |
1.3 |
Layang -Layang, Johor |
The Project is expected to be completed by 25 July 2028 (“Commencement Date”) with the Feed-in Tariff to be effective for a period of twenty-one (21) years from the Commencement Date.
The Project is not expected to have any material impact on the earnings and net assets of the CRB Group for the financial year ending 30 April 2026. However, the Project is expected to contribute positively to the future earnings of CRB through stable and recurring long term cash flows generated under the Feed-in Tariff programme.
None of the Directors or major shareholders of CRB and persons connected with them has any interests, direct or indirect, in the Project.
Please find attached herewith a press release entitled "Cypark Seals SEDA Approval for 1.5MW Biogas Project in Johor", for further details.
This announcement is dated 1 August 2025.
Please refer attachment below.
Announcement Info
Company Name | CYPARK RESOURCES BERHAD |
Stock Name | CYPARK |
Date Announced | 01 Aug 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-01082025-00013 |
Attachments
- CYPARK_Media_Release_-_Cypark_Seals_SEDA_Approval_for_1.5MW_Biogas_Project_in_Johor.pdf (Size: 104,974 bytes)