New Feed-In Tariff (FiT) Rate

Timah Resources Limited (Timah) advises that the company’s wholly owned subsidiary, Mistral Engineering Sdn Bhd (Mistral), has recently received advice from the Sustainable Energy Development Authority of Malaysia (SEDA) that its FiT rate has been increased from RM 0.3970/KWh to RM 0.4669/KWh as from 1 October 2019. This FiT rate will apply until the end of the existing Renewable Energy Power Purc