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.
Malaysia’s TNB to develop 2,100MW combined cycle power plant
This is scheduled to be in operation in 2031.
TNB secures fund for large-scale solar project in Bukit Selambau
CIMB Islamic Bank will provide debt funding for around $39.2m.
TNB, SEDANIA to study power generation in Malaysia’s dams, reservoirs
The first project is in Kota Tinggi in Johor.
TNB partners with Microsoft to accelerate digitalisation
It will support TNBs push for a smart and digitalised grid.
TNB, NUR Power ink deal for solar installation, green energy initiatives
This will serve NUR Power’s customers in KHTP.
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, Petronas, IHI hold ammonia combustion test for coal-fired generation
This will help decarbonise Malaysia’s 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.
Commentary
A 1970s Oil Crisis replayed in modern days
Gwadar coal power plant: One step forward, two steps back
Ramping up clean energy will help Bangladesh reduce its reliance on imported fossil fuels