Citaglobal in RM9.75bil Masdar-TNB solar tie-up

From left: Tenaga Nasional Bhd chairman Datuk Abdul Razak Abdul Majid, Masdar head of development and investment (Malaysia, Central Asia and Africa) Abdulla Zayed and Citaglobal executive chairman and president Tan Sri Dr Mohamad Norza Zakaria.

KUALA LUMPUR: Citaglobal Bhd has received an expression of interest from TNB Renewables Sdn Bhd (TRe), a wholly-owned subsidiary of Tenaga Nasional Bhd (TNB), to participate in the development of renewable energy (RE) projects in Malaysia.

Citaglobal said potential areas of collaboration between the group and TNB include Project 2GW, a US$2bil (RM9.75bil) two-gigawatt (GW) solar farm project in Pahang.