Malakoff subsidiary to sell renewable power to Tenaga for 21 years


Malakoff subsidiary, Green Biogas Sdn Bhd, to sell renewable power to Tenaga for 21 years

Malakoff subsidiary, Green Biogas Sdn Bhd, to sell renewable power to Tenaga for 21 years

KUALA LUMPUR: Malakoff Corp Bhd will sell its green energy generated by its proposed 2.4MW Sungai Kachur Biogas power plant located in Kota Tinggi, Johor to Tenaga Nasional Bhd .

The independent power producer said on Friday its subsidiary Green Biogas Sdn Bhd had signed a 21-year renewable energy power purchase agreement with Tenaga. 

Green Biogas, which is the feed-in approval holder, would supply the power from its proposed Sungai Kachur biogas power plant in Kota Tinggi. 

Malakoff said Green Biogas had participated in a competitive feed-in tariff e-bidding exercise and submitted its bid for the project on Nov 30, 2018. 

The government, through Sustainable Energy Development Authority Malaysia (SEDA), had on Jan 29, announced that it had accepted Green Biogas' bid as one of the successful bidders.

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