kuala lumpur: Menteri Besar Terengganu (Incorporated) (MBI) and Petronas Gas Bhd (PGB) have signed a Memorandum of Understanding (MoU) to explore the potential for cooperation on the development of a proposed small hydropower station in Terengganu and terminal operation and maintenance. ) was concluded.
According to MBI, the signing of the memorandum marks the beginning of cooperation between MBI and PGB to strengthen the economic development of Terengganu, and the two parties will jointly assess the feasibility of the two development proposals.
“The development of small hydropower plants using Dungun tributaries is in line with the strategic core of the Terengganu Sejatera Master Plan (PITAS2030), namely strengthening infrastructure, enhancing green technology and controlling the impact of disasters. Yes,” it said in a statement today.
MBI said the power plant project could also be seen as an important renewable energy solution to the challenges of power supply, especially in remote areas.
“Regarding the proposal for cooperation in the management, operation and maintenance of the terminal by Terengganu Government Related Company (GLC), this is seen as a strategic and impactful step towards economic empowerment, while at the same time providing employment and sharing. “Improve technical skills,” he said.
The memorandum includes Terengganu State Commissioner Tenku Seri Vijaya Raja, Terengganu Mentelli Besar Financial Advisor/MBI Chief Financial Officer Muhammad Ramiz Mustafa and PGB Chief Executive Officer Abdul Aziz. – Signed by Mr. Osman and Mr. M. Nazir M. Noor, Senior General Manager, Gas Processing and Utilities Division.
The signing of the memorandum was witnessed by Dr. Terengganu Mentelli Besar Terengganu Datuk Seri Ahmad Samsuri Mokhtar.
— Bernama
