Profit sharing agreement to reduce
your initial payment to absolute minimum
Understanding your financial need
to optimize your investment returns
Feed-in Approval Application
The Feed-in Approval (FiA) application steps are as follows:
STEP 1
Secure legal rights to the site of the RE installation / letter of intent from the site owner (if you do not own the property).
Design RE installation (capacity, technical details, etc).
Check relevant local authority and other governmental requirements.
Contact potential financier & obtain financing offer letters/term sheet(if not financed by cash)
Prepare work plan & major milestones.
STEP 2
Apply for Feed In Approval (either through online or manual submission).
STEP 3
Sign Renewable Energy Power Purchase Agreement (REPPA) with relevant Distribution Licensee (DL) – Tenaga Nasional Malaysia in most cases.
Register the signed REPPA with SEDA Malaysia
STEP 4
Sign financing agreement(s) and fulfill all conditions to first drawdown.(if financed by loan)
STEP 5
Service provider/ contractor to commence & complete PV system.
STEP 6
FiT meter installation.
STEP 7
Carry out Acceptance Test (to be verified & certified by Qualified Person).
STEP 8
FiT Commencement Date.
Give notice of FiT Commencement Date to SEDA Malaysia & TNB before and after FiT Commencement Date.
Start of FiT duration.
STEP 9
Monthly meter readings.
TNB will issue monthly payment advice to FiA holder after meter is read.
FiT payment to be paid by TNB within 30 days after issuance of payment advice.
Feed-In Tariff application procedure
Source: Sustainable Energy Development Authority(SEDA).

 

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