SEDA Feed in Tariff
Feed in Tariff mechanism obliges energy utilities to buy renewable energy from producers, at a mandated price. By guaranteeing access to the grid and setting a favourable price per unit of power, it ensures that renewable energy is a sound long-term investment, for companies, for industry, and for individuals, thereby creating a strong economic incentive for investing in renewable energy.
Among of the benefits of Fit Mechanism are as reduce CO2 emissions by replacing fossil fuel-based power production with clean, renewable sources of energy. At the reliance on imported fossil fuels. As the investor they earn Guarantee investment security. In overall, it returns the control to generate electricity to the people. It’s a win situation for both government and private sector.
Similar Project for
Solar PV FIT Biogas FIT
-Kelantan, Tok Bali – 1 MW – Johor, Jalan Kulai, 1.6MW Biogas
-Klang, Kg Telok Gong – 0.425 MW – Perak, Bagan Datoh, 2.0MW Biogas
-Kedah, Kuala Muda – 1 MW