Tenaga and Petronas sign a Memorandum of Understanding to jointly take efforts toward decarbonisation in support of the country’s aspirations to be a carbon-neutral nation by 2050.
Both parties will look into collaborative study for the development of green hydrogen ecosystem and carbon capture and storage (CCS) technology leveraging both organisations’ technical expertise and resources.
Under the MoU, TNB and PETRONAS will conduct a joint feasibility study on the application of CCS solutions at TNB power generation plants. The parties will also look into developing green hydrogen fuel for power generation and intensifying efforts to co-create a green hydrogen ecosystem to provide cleaner energy solutions for Malaysia and markets overseas.
This initiative will begin with the re-powering of TNB’s retired Sultan Ismail Power Station in Paka, Terengganu using high-efficient Combined Cycle Gas Turbine with hydrogen-ready technology by 2029 towards cleaner energy production. Leveraging on the strengths of both TNB and PETRONAS, the Paka power plant serves as a unique pioneering project in deploying green technologies that may be utilised in future power plants.
Both parties have significant investments in Terengganu. With the re-powering of TNB’s Paka power plant and Petronas’ aspiration to decarbonise its assets in Terengganu, the shift into green technology development ensures sustained economic growth.
