KUALA LUMPUR: Tenaga Nasional Bhd has expressed interest in exploring and participating in the development and operation of energy solutions in Indonesia's new capital Nusantara.
TNB said it had handed over a Letter of Intent (LOI) to the chairman of the Nusantara Authority (Otorita Ibu Kota Nusantara (IKN) on Jan 8.
The national utility company is interested in participating across various available technologies such as gas, solar, wind, hydro and battery storage.
TNB is also keen to explore any opportunity in the grid interconnection business through collaboration with PT Perusahaan Listrik Negara (PLN) to develop a secure and reliable high-voltage transmission infrastructure in the Global City for Nusantara.
TNB president and chief executive officer Datuk Indera Ir. Baharin Din said the LOI would help strengthen the bilateral relations and cooperation of both countries and expedite the development of clean energy.
"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 in a statement today.
TNB handed over another LOI to PLN transmission and system planning director Evy Haryadi to review a previous MoU to collaborate on pursuing a responsible energy transition, in line with the sustainability commitments of both leading energy corporations.
"Both TNB and PLN will mutually benefit from this sharing of expertise and experience in facing the challenges of energy transition," Baharin said.
He added that TNB had proposed to review the MoU to allow both utilities to revive the exploratory study for the development of a high voltage interconnection facility between Sumatera to Peninsular Malaysia.