TNB & Petronas Partners to Advance Hydrogen Economy with Joint Feasibility Studies

01/08/2023

Tenaga Nasional Berhad (TNB) and PETRONAS marked a significant milestone by signing a definitive Joint Feasibility Study Agreement (JFSA) to advance the studies for hydrogen business development in Malaysia, cementing their commitment to advancing the hydrogen economy.

Building upon the earlier signed Memorandum of Understanding (MOU), the agreement underscores the commitment of both industry leaders to collaborate and foster a strong synergy in exploring and developing business ventures in the emerging field of green hydrogen. This collaboration signifies the companies' shared vision of accelerating the deployment of clean technologies, such as hydrogen and carbon capture, to decarbonise the energy sector.

"This agreement serves as a testament to our unwavering dedication to uniting industry players and forging a powerful synergy. Together, we are committed to exploring and developing business ventures in the promising field of green hydrogen," TNB President and CEO, Dato' Indera Ir. Baharin Din emphasised his vision for the transformative partnership between TNB and PETRONAS.

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