PETALING JAYA: Tenaga Nasional Bhd (TNB) will focus on gas, solar, wind, hydro and battery storage as it looks into opportunities to develop and operate energy solutions in the new Indonesian capital of Nusantara in Kalimantan, Borneo.
In a statement, the energy provider also said it is keen to develop high-voltage transmission infrastructure in Nusantara through a collaboration with Indonesia’s state-owned utility company PT Perusahaan Listrik Negara (PLN).
TNB said it handed a letter of intent (LoI) to this effect to the chairman of the Nusantara Authority, through international trade and industry minister Tengku Zafrul Aziz, during Prime Minister Anwar Ibrahim’s recent visit to Indonesia.
While it was one of the 11 LoIs which Malaysian companies submitted last Sunday during Anwar’s two-day visit to Indonesia, TNB has not revealed any details about the LOI until now.
Previously, it was only reported that TNB hoped to explore and participate in the development and operation of energy solutions.
Witnessed by Anwar, 10 Malaysian companies submitted LoIs outlining plans to participate in Nusantara’s development in areas such as infrastructure, utilities services, property development, healthcare, waste management and drinking water supply.
In today’s statement, TNB president and CEO Baharin Din said its LoI will expedite the development of clean energy in both Malaysia and Indonesia, and help strengthen bilateral ties between both countries.
Baharin also handed over another LoI to PLN to review a previous MoU to collaborate on pursuing responsible energy transition in line with the sustainability commitments of both leading energy corporations.
Baharin said TNB proposes to review the MoU to allow both utilities to revive the exploratory study for the development of a high-voltage interconnection facility between Sumatera and Peninsular Malaysia.
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