SIGNING OF RENEWABLE ENERGY POWER PURCHASE AGREEMENT (REPPA) BETWEEN TNB AND KUB-BERJAYA ENERGY SDN BHD
TENAGA NASIONAL BERHAD today, has signed an agreement for the purchase of electricity generated by a small Renewable Energy (RE) power project developed by KUB-Berjaya Energy Sdn. Bhd. under the Very Small Renewable Energy Power (VSREP) Program .The SREP Program was launched by the Government in May 2001 to promote the utilisation of renewable energy in power generation and to reduce emission of greenhouse gases. The signing of this REPPA demonstrates the continuous support given by TNB for the success of the Government’s SREP Program.
TNB has agreed to purchase the electricity from KUB-Berjaya Energy Sdn. Bhd. for a period of 21 years. The estimated value of this REPPA is about RM1.84 million per year.
The RE power plant developed by KUB-Berjaya Energy Sdn. Bhd., which utilizes landfill gas (methane gas) as fuel, will be located in Bukit Tagar, Selangor Darul Ehsan and will have an export capacity of 1 MW to TNB. As at to date, the total capacity under REPPA is 109.65 MW.
source: Bursa Malaysia Announcement (2 November 2010)
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