KUALA LUMPUR, Cypark Resources Bhd’s 51%-owned indirect subsidiary, Reviva BACRE (Ulu Remis) Sdn Bhd, has received approval from the Sustainable Energy Development Authority (SEDA) to develop a 1.5-megawatt (MW) biogas plant in Layang-Layang, Johor.
The approval was granted under SEDA’s 2025 Feed-in Tariff (FiT) e-bidding programme.
According to Cypark, the project will have a net export capacity of 1.3MW and is expected to be completed by July 25, 2028. Once operational, it will supply renewable electricity to the national grid for 21 years under the FiT scheme.
“This project reflects our strong capability in delivering a range of renewable energy solutions, reinforcing Cypark’s role in Malaysia’s clean energy transition,” the group said in a filing with Bursa Malaysia.
While the project is not expected to significantly impact earnings for the financial year ending April 30, 2026, Cypark said it will provide steady, long-term revenue once it begins operations.
