KUALA LUMPUR: Citaglobal Bhd
has signed a memorandum of understanding (MoU) with the Lampung Provincial Government, Indonesia, to establish a feasibility framework for green infrastructure.
In a statement today, the energy company said that the MoU focuses on evaluating the technical and commercial viability of waste-to-energy (WTE), industrial waste biomass, and solar power projects within the province.
Under the MoU, Citaglobal will coordinate feasibility studies with the consent of the Lampung Provincial Government through a joint working group. Should these studies demonstrate technical and commercial viability, Citaglobal will have a first opportunity to negotiate development terms.
Any progression will involve assessing the appropriate project structure, commercial model, and funding arrangements to ensure development is pursued on a disciplined and bankable basis.
Citaglobal executive chairman and president Tan Sri Mohamad Norza Zakaria said that for Citaglobal, the priority is not merely identifying opportunities, but structuring them properly.
"Lampung provides a structured platform to assess whether our capabilities can resolve tangible waste management and clean energy challenges in a relevant ASEAN setting.
"We will thoroughly evaluate the technical case and commercial mechanics to ensure any potential project is strictly bankable before any further commitment is made,” he said.
Lampung Province Governor Rahmat Mirzani Djausal said that the province is committed to strengthening green energy as a core driver of our economic transformation.
"We welcome credible partners who can support structured feasibility work in areas such as waste management, biomass, and solar power.
"Our priority is to identify practical infrastructure opportunities that can support industrial downstreaming, benefit our communities, and contribute to Lampung’s long-term development,” he said.
Citaglobal said that while Malaysia remains the group’s core market, this MoU represents a selective opportunity to evaluate how these established capabilities can address specific regional demand profiles.
"Lampung provides a highly practical environment for this assessment at scale. With a population of over nine million, the province presents substantial municipal waste management needs directly relevant to waste-to-energy solutions.
"Concurrently, Lampung’s position as a major producer of key agricultural commodities such as cassava, coffee, and corn generates significant residue with high potential for biomass utilisation,” it said.
This demand profile aligns with Lampung’s stated ambition to expand clean power capacity to support industrial downstreaming. - Bernama
