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TNB eyes energy sector opportunities in Indonesia’s future capital

Tenaga Nasional Berhad (TNB) President and Chief Executive Officer, Datuk Baharin Din (Credit: TNB)

KUALA LUMPUR, Jan 13 (Bernama) -- Tenaga Nasional Bhd (TNB) is keen to explore opportunities involving energy solutions related to gas, solar, wind, and hydro as well as battery storage in Indonesia's future capital of Nusantara in East Kalimantan on Borneo Island.

TNB said in a statement it is also eager to explore any opportunity in the grid interconnection business through collaboration with Indonesia’s PT Perusahaan Listrik Negara (PLN) to develop a secure and reliable high-voltage transmission infrastructure in Nusantara.

The utility company recently handed over a letter of intent (LOI) to Nusantara Authority chairman Bambang Susantono through International Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

TNB president and chief executive officer Datuk Baharin Din said the LOI would help strengthen the bilateral relations and cooperation of both countries and expedite the development of clean energy in both countries.

The LOI was handed over in a ceremony held last Sunday in Jakarta that Prime Minister Datuk Seri Anwar Ibrahim witnessed.

At the ceremony, Baharin also handed over another LOI to PLN transmission and system planning director Evy Haryadi to review a previous memorandum of understanding (MoU) to collaborate on pursuing responsible energy transition in line with the sustainability commitments of both energy corporations. 

Stating that there are a lot of commonalities between both corporations, he said that “both TNB and PLN will mutually benefit from this sharing of expertise and experience in facing the challenges of the energy transition.” 

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, Indonesia to Peninsular Malaysia. 

“The interconnection between Sumatera and Peninsular Malaysia is part of the ASEAN power grid.

“Once this project is completed, countries in the ASEAN region will be able to share renewable energy generation resources, participate in multilateral power trading and provide energy security for the region,” he said.

-- BERNAMA

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