TNB, PETRONAS in CCS technology tie-up

PETALING JAYA: Tenaga Nasional Bhd (TNB) and Petroliam Nasional Bhd (PETRONAS) have signed a memorandum of understanding (MoU) to explore carbon capture and storage (CCS) technology for gas-fired power plants.

In a joint statement, the companies said this collaborative endeavour underscored both parties’ commitment to Malaysia’s National Energy Transition Roadmap (NETR), in line with the nation’s ambition to attain net-zero carbon emissions by 2050.