Samaiden gets approval for biogas plant

Samaiden workers are seen here working on a solar energy plant. (File pic)

PETALING JAYA: Samaiden Group Bhd has received the approval of the Sustainable Energy Development Authority to undertake the development of a 1.2-megawatt biogas power plant in Bachok, Kelantan.

The renewable energy company said its 60%-owned subsidiary SC Green Solutions Sdn Bhd yesterday received the feed-in-tariff (FiT) approval letter dated Nov 26 to build the plant that would cost an approximate RM25mil.

It would be funded via internally generated funds and/or bank borrowings.

The plant is slated to be completed by Nov 17,2023, which is the scheduled FiT commencement date.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

Next In Business News

Ringgit opens lower ahead of US CPI release
Reservoir Link rises on contract win from Petronas Carigali
Bintai Kinden rises 4.3% on healthcare business expansion plan
KLCI starts on flattish note
CPO prices toppish as inventory levels rise
Trading ideas: Lion Industries, Bintai Kinden, Reservoir Link Energy
Maybank SME Digital Financing hits RM1bil milestone
Aon, seeking EU nod on US$30bil Willis bid
Reuters names first woman editor-in-chief in 170-year history
Oil price rises on US vaccine rollout, Middle East tension

Stories You'll Enjoy