TNB and Elia in capacity building tie-up

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has inked a memorandum of understanding (MOU) with Elia System Operator SA, one of Europe's largest transmission system operators, for a strategic collaboration in sharing best practices in capacity building.

In a filing with Bursa Malaysia, TNB said the MOU would involve cooperation in asset management, cross-boundary system and market operations, grid development, network studies, and renewable integration.

It said both parties would also exchange technical information through annual reports and surveys, solution to problems, technical visits, study trips and training programmes.

TNB president/chief executive officer Datuk Seri Azman Mohd said TNB had proposed 13 collaborative projects under the two-year MOU, which was extendable for another year.

“One of the proposed collaborative projects will benefit TNB's role in the Asean Power Grid initiative.

“The MOU also bodes well for TNB's advanced metering infrastructure project and ventures into renewable energy, both locally and overseas,” he said.

Elia, listed on the Euronext Brussels stock exchange, is the transmission operator for Belgium and Germany, serving 30 million residents. It has 18,000 km of high voltage lines and 30,000 MW of installed capacity in renewable energy.