Cypark Resources Bhd’s 51% indirectly owned subsidiary, Reviva BACRE (Ulu Remis) Sdn Bhd, was reported to have received approval from the Sustainable Energy Development Authority Malaysia (SEDA) to build a 1.5MW biogas facility in Layang-Layang, Johor.
Cypark has stated in a filing with Bursa Malaysia that the approval was granted via SEDA’s 2025 Feed-in Tariff (FiT) e-bidding initiative.
“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.
The project, with a net export capacity of 1.3MW, is scheduled for completion by 25th July 2028.
Upon commissioning, it will supply renewable electricity to the national grid for 21 years under the FiT mechanism.
Cypark was said to state that, while the project is not expected to have a significant influence on the company’s profitability for the fiscal year ending 30th April, 2026, it is expected to contribute positively to future earnings once operational.
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