news

Cypark Resources to build 64-acre RE Park

KUALA LUMPUR: Cypark Resources Bhd will spearhead an initiative to build a Renewable Energy Park (RE Park) on approximately 64.2 acres (26 hectares) of remediated landfill in Pajam, which is in Nilai, Negeri Sembilan.

The RE Park project has been included as one of the Entry Point Projects (EPPs) of the National Economic Transformation Programme (ETP) as announced by the Prime Minister on Mar 8, the company said in a press release.

The proposed RE Park involves the integration of three potential resources available at the landfills — solar, landfill gas (biogas) and waste (biocell) — into a large scale renewable energy project to unlock the economic potential of landfill sites.

Cypark Resources added that through a sustainable programme outlined by the company, the economic opportunities of unsanitary landfills, otherwise locked and lost for at least 15-20 years, would be realised in the near future.

Cypark Resources is planning to invest RM94.29 million for the RE Park in Pajam to build a total of 10 megawatts (MW) renewable energy with a grid connection. The project is expected to generate Gross National Income (GNI) of RM12.16 million each year for the next 21 years, totaling RM255.36 million.

The RE Park in the Pajam landfill can potentially power a township of about 3,000 homes. The 10MW renewable energy comes from the biogas plant which contributes 2MW, while the remaining 8MW will be from a solar power facility.

The company said that it has carried out the remediation and closure work of the Pajam landfill, as well as for another 16 landfills previously. It plans to replicate the success of this project to the other 16 landfills, and on to another 31 landfills across the country.

The Proposed Sustainable Economic Transformation of Non Sanitary Landfills into RE Park is in line with the ETP (Oil & Gas and Energy: EPP 10), and will be carried out through the private investment initiative of Cypark.

Cypark Resources is a Main Market-listed company on Bursa Malaysia Securities Bhd, and is primarily an environmental technology and engineering specialist. Its current major projects are located throughout Peninsular Malaysia including Negeri Sembilan, Johor, Terengganu, Pahang, Perlis and Putrajaya.

Their services include transforming neglected, "degraded" or contaminated land into sustainable, beautiful and manageable fields for a safer living environment by providing environmental solutions focusing on the area of contaminated land through landfill restoration, remediation, environmental monitoring and management, and wastewater treatment.

Some of the major environmental transformation projects it completed include the restoration of a disused mining land in Cyberpark, Cyberjaya and the restoration of the Taman Beringin Landfill Restoration Project in Kuala Lumpur.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE