SINGAPORE, Oct 26 (Bernama) -- Malaysia stands to benefit from a cross-border electricity project involving Petroliam Nasional Bhd (Petronas) and Tenaga Nasional Bhd (TNB) through local contractor participation, engineering expertise and the development of renewable energy certificate mechanisms, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
Business : Malaysia To Benefit From Cross-border Power Project -Â Fadillah
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Key takeaways
Malaysia will benefit from a cross-border offshore wind project with Vietnam and Singapore through local contractor participation and engineering development. Deputy PM Fadillah Yusof stated that the initiative will also help establish renewable energy certificate mechanisms essential for commercial viability.
- Petronas and TNB will partner with Vietnam's PTSC to transmit offshore wind energy to Singapore.
- Malaysian contractors are expected to build transmission infrastructure, including undersea cables.
- Malaysian experts will help Vietnam develop renewable energy certificate mechanisms for project viability.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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