June 2 (Reuters) - Cam Resources Bhd :Unit received approval letter from SEDA on feed-in approval for a 2.0000 Mw biogas plant to sell renewable energy to Tenaga Nasional.expected date of signing of power purchase agreement is on august 2017 at fixed feed-in tariff rate of rm0.4669 per KwH for 16 years.
Cam Resources Bhd : Unit received the approval letter from SEDA . Approval to build and operate a renewable electrical energy power plant with a capacity to supply 7.0 mw per hour of electricity . Source of funding of the construction cost of repp will be internally-generated funds and bank loan . FIT approval / PPA will not have any significant impact on the performance of the group for the financial year ending dec 31 .It shall contribute positively to the future earnings of the group after the effective period, i.e from 28 december 2018.