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Tenaga Nasional Berhad (TNB) through the Ministry of International Trade and Industry (MITI) Minister, Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz handed over a Letter of Intent (LOI) to the Chairman of the Nusantara Authority (Otorita Ibu Kota Nusantara (IKN).
The LOI expressed TNB’s interest in exploring and participating in the development and operation of energy solutions in IKN Nusantara, Indonesia 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 All, IKN Nusantara.
The handing over of the LOI was witnessed by Prime Minister, Datuk Seri Anwar Ibrahim who was on a two-day visit to Indonesia which ended on 9 January 2023.
TNB President and Chief Executive Officer, Dato’ Indera Ir. Baharin Din said that the LOI will help strengthen the bilateral relations and cooperation of both countries and expedite the development of clean energy in both countries.