KUALA LUMPUR: Mestron Holdings Bhd expects its Gua Musang biogas plant in Kelantan to generate about RM7.5 million in annual revenue following an approved capacity expansion and higher feed-in tariff (FiT) rates.
The company said its indirect wholly-owned unit Liziz Biogas Sdn Bhd, had secured a new Feed-in Approval from the Sustainable Energy Development Authority (SEDA) to increase the plant's approved net electricity export capacity by 18 per cent to 2.36 megawatts (MW), from 2MW previously.
Its approved installed capacity will also increase by 13 per cent to 3.12MW from 2.76MW.
Under the approval, the plant will receive an enhanced FiT rate of 45 sen per kilowatt-hour (kWh) for the first 10 years, followed by 43 sen per kWh for the subsequent 11 years, compared with its existing rate of 39.75 sen per kWh.
