Samaiden Biomass Energy Sdn Bhd, a subsidiary of Samaiden Group Bhd has received a Feed-in Tariff (FiT) approval from the Sustainable Energy Development Authority (SEDA) to construct and operate a biomass power plant in Johor, Malaysia.
The plant will have an installed capacity of 7 MW and aims to supply a net export capacity of 6 MW to Tenaga Nasional Bhd (TNB). The supply agreement with TNB spans 21 years and is scheduled to commence on January 22, 2027.