TNB strengthens energy transition via MoU with 3 high-performing companies

TNB Fuel Services Sdn Bhd (TNBF) established a strategic partnership with three high-performing companies to conduct a study of fuel sources for power generation. 

The partnership aims to strengthen the energy transition journey of TNBF’s parent company, Tenaga Nasional Bhd (TNB), and supports Malaysia’s aspirations to achieve carbon neutrality by 2050. 

TNBF recently signed a three-year memorandum of understanding (MoU) with MNA Fuel Services Sdn Bhd, Itochu (M) Sdn Bhd and Cement Industries of Malaysia Bhd (CIMA). 

A study conducted with MNA Fuel Services will develop the potential of agricultural resources as fuel for the energy generation sector by involving the development of biomass pellets from bamboo. 

Collaboration with Itochu also involves research on the entire supply chain of ammonia as a new source of fuel, while CIMA covers collaboration in various business areas including the supply of fuel, alternative raw materials, research and technical skill-sharing. 

TNB president and CEO Datuk Ir Baharin Din said the collaboration between TNB and its strategic business partners will further strengthen TNB’s support for the government’s green agenda in an effort to achieve a more sustainable future for the wellbeing of the people. 

“In line with national aspirations, the journey towards sustainable technology requires significant changes in the way we select and develop research programmes, technologies and the necessary equipment and manpower. 

“This is one of the strategic collaborations carried out by TNBF with each of the companies involved, who have extensive experience in their respective fields,” he said while speaking at the MoU document exchange ceremony with the three companies in Kuala Lumpur (KL).

Among those present were the CIMA chairman Datuk Zaiviji Ismail Abdullah, Itochu MD Dai Hoshiai, MNA Fuel Services MD Zulkifli Ahmad, Sirim QAS International Sdn Bhd senior GM Mohd Hamim Imam Mustain, TNB chief regulatory and stakeholder management officer Datuk Shamsul Ahmad and TNBF MD Jamal Yusoff. 

All of the MoUs target the implementation of joint studies in environmental, social and governance (ESG) development, renewable energy (RE), green energy ecosystems, resource supply chain management and leveraging technical expertise within the organisation. 

According to Baharin, it is part of TNB’s strategy in the future to use greener technology progressively in an effort to meet the awareness and expectations of ecosystems that reduce climate change. 

“We also believe green energy is important towards creating a sustainable energy industry. Therefore, we are very pleased to cooperate with a strategic partner whom I believe will continue to contribute to the success of the national agenda,” he said. 

The TNBF initiative further strengthens TNB’s energy transition with the aspiration of a sustainability agenda that targets zero carbon emissions by 2050 with a commitment to reduce its intensity by 35% including through a 50% reduction in coal generation by 2035. 

Also at the ceremony, TNBF, which was established by the government as the nation’s nominated fuel supplier and structured as a wholly owned subsidiary of TNB, was awarded the Business Continuity Management System (BCMS) by Sirim for its ability to operate according to international standards. — TMR 

  • This article first appeared in The Malaysian Reserve weekly print edition