TNB expects slightly lower power tariffs next year
BANGI: Tenaga Nasional Bhd (TNB) projects slightly lower electricity tariffs next year following the reduction in the cost of production of coal and gas currently. President and CEO Amir Hamzah Azizan said the tariff rates would depend on the Energy Commission (ST), which would make a detailed evaluation before proposing it to the Cabinet.
TNB forays into Singapore RE market with Sunseap Group
KUALA LUMPUR (March 2): Tenaga Nasional Bhd (TNB) via wholly-owned subsidiary TNB Renewables Sdn Bhd has entered into a binding term sheet of collaboration with Singapore-based Sunseap Group to tap into the renewable energy (RE) and corporate power purchase agreement (PPA) market in Singapore.
TNB getting ready for open market
KUALA LUMPUR: Tenaga Nasional Bhd’s internal restructuring to split its power generation and retail businesses into RetailCo and GenCo could lead to two separate listing entities under the two segments. Kenanga Research said the restructuring may also pave the way for market reforms that will see new players in the electricity supply industry. TNB on […]
TNB in P2P energy trade?
KUALA LUMPUR: Tenaga Nasional Bhd is tipped to be behind the force that may disrupt the country’s energy sector and break the traditional trend of power business. It is learnt that the national utility company is advocating a transition move from a traditional marketplace where power systems are commonly supplied by large fossil-fuel generation plants. […]
TNB in the spotlight on looming market reforms
PETALING JAYA: The potential opening up of the power sector’s retail space will give consumers more options to buy their electricity from, but it is likely to have limited earnings impact on Tenaga Nasional Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png (TNB). TNB, which has come under the spotlight due to looming regulatory changes, is currently Peninsular Malaysia’s only retail […]
TNB incorporates two subsidiaries to facilitate internal reorganisation
KUALA LUMPUR (Aug 1): Tenaga Nasional Bhd (TNB) has incorporated two wholly-owned subsidiaries, TNB Power Generation Sdn Bhd (GenCo) and TNB Retail Sdn Bhd (RetailCo), to facilitate its proposed internal reorganisation. In a filing with Bursa Malaysia today, the utility giant said GenCo’s principal activities are the ownership, management and operation of domestic power plants, […]
TNB inks deal with MAHB to supply cooling energy at KLIA
KUALA LUMPUR (Dec 23): Tenaga Nasional Bhd (TNB) has entered into a deal with Malaysia Airports Holdings Bhd (MAHB) to supply cooling energy and electricity at the Kuala Lumpur International Airport (KLIA) for a period of 20 years.
TNB inks US$3bil coal import deal with Indonesia
MELAKA: Tenaga Nasional Bhd (TNB) has inked a coal import agreement with Indonesia’s coal exporters, involving imports worth US$3 billion (US$1=RM4.37) for three years.
TNB introduces blended coal at Lumut plant
KUALA LUMPUR (Jan 13): Tenaga Nasional Bhd (TNB) is introducing blended coal at its coal-fired power plant in Lumut, Perak, as part of a continuous effort to ensure a sustainable coal supply for electricity generation. The introduction of blended coal for the Sultan Azlan Shah Power Station, which produces 20% of Peninsular Malaysia’s energy generation, […]
TNB invests RM133 mil in Indian power plant
KUALA LUMPUR (Dec 10): Tenaga Nasional Bhd (TNB) is subscribing to a compulsorily convertible debenture (CCD) for 2.256 billion rupees (RM133.17 million) to facilitate its direct investment in the construction of a hydroelectric power plant in India. The CCD is issued by GMR Bajoli Holi Hydropower Pvt Ltd (GBHH), which is constructing the 180MW run-of-river […]