Tenaga Nasional Berhad

Tenaga Nasional Berhad (TNB) is a leading Malaysian utility company in Asia with an international presence in the United Kingdom, Kuwait, Turkey, Saudi Arabia, Pakistan and India. Within the renewable energy space, as of December 2021, TNB has a total portfolio of 2,771.4MW in Malaysia (including 2,536.1MW of large hydro) and 714.4MW across the UK, Turkey and India comprising mainly solar, wind and hydro energy generation assets.

See below for the Latest TNB News, Analysis, Profit Results, Share Price Information, and Commentary. 

 

TNB profit down by 8% YoY to $793.4m in 2022

This is due to the higher taxes paid during the period.

TNB profit down by 8% YoY to $793.4m in 2022

This is due to the higher taxes paid during the period.

Malaysia’s TNB collaborates with 3 Thai energy firms for energy transition

The MOUs were signed with EGAT, Planet Utility, and B.Grimm Power.

TNB Genco, YTL PowerSeraya imports 100MW electricity to Singapore 

The imported electricity will be supplied to Singapore commercially for the first time.

Malaysia’s TNB secures EUR72m refinance package

It will be used for its offshore wind investment in the UK.

TNB subsidiary to develop 102MW solar projects in the UK

The projects are expected to operate by Q1 2024.

TNB unit to study fuel sources for generation

This includes the development of biomass from pellets.

TNB profit dips 4.3% YoY in first 9 months

It was affected by higher foreign currency losses.

TNB secures fund for large-scale solar project in Bukit Selambau

CIMB Islamic Bank will provide debt funding for around $39.2m.

TNB partners with Microsoft to accelerate digitalisation

It will support TNBs push for a smart and digitalised grid.

TNB, PETRONAS to explore hydrogen, carbon capture

The companies seek to unlock at least RM10b in commercial value up to 2035.

TNB, PETRONAS to explore green hydrogen development in Malaysia

This is in line with Malaysia’s carbon-neutral targets.

TNB to invest $4.5b annually for energy transition

It will invest in regional interconnection to help decarbonise the ASEAN power sector.

TNB eyes early retirement for coal plants to accelerate sustainability goals

It plans to retire 1400MW plants up to one year before the expiration of the PPAs.