Showing 1101-1110 of 1175 results

TNB sees profit soar, drives transformation agenda

KUALA LUMPUR: Tenaga Nasional Bhd’s net profit surged more than two-fold to RM1.2 billion for the third quarter ended September from RM501 million in the same period last year. President and chief executive officer Datuk Seri Amir Hamzah Azizan said the growth was mainly attributable to higher sales of electricity, improved performance in TNB’s share […]

TNB shares slip despite renewable energy deal in India

PETALING JAYA: (TNB) shares slipped 0.1% to RM13.54 despite entering into a partnership to grow its renewable energy (RE) portfolio. Tenaga Nasional (TNB) had entered into an agreement to subscribe to a compulsorily convertible debenture (CCD) issued by India’s GMR Bajoli Holi Hydropower Pte Ltd (GBHH) for 2.26 billion Indian rupees (RM133.2mil). The proposed investment […]

TNB shuts down 333 power substations in six states hit by floods

Tenaga Nasional Berhad (TNB) has temporarily shut down 333 power substations in six states due to the dire flood situation that hit the states since yesterday.

TNB signs PPAs with nine large scale solar energy developers

KUALA LUMPUR: Tenaga Nasional Bhd(TNB) has signed separate power purchase agreements (PPAs) with nine companies that are developing large scale solar energy generating facilities in five states.

TNB to acquire FiT wind assets in UK, explore renewable energy expansion in Singapore, Vietnam

KUALA LUMPUR, March 3 — Tenaga Nasional Bhd (TNB) is in discussions to acquire feed-in tariff (FiT) wind assets in the United Kingdom through its International Asset Group (IAG), said MIDF Research.

TNB to collaborate with South Korean companies for virtual power plant technology

KUALA LUMPUR (March 13): Tenaga Nasional Bhd (TNB) wholly-owned subsidiary, TNB Research Sdn Bhd, has signed a research collaboration agreement worth US$7 million with South Korea’s I-On Communications and KH Shinhwa SnC to introduce virtual power plant technology in Malaysia. TNB Research chief strategy officer Dr Mohd Fadzli Mohd Siam said the investment was part […]

TNB to develop 300MW hydroelectric power plant in Kelantan

KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) subsidiary, TNB Power Generation Sdn Bhd (TNB Genco) will develop the RM5.0 billion 300MW hydroelectric power plant at Mukim Ulu Nenggiri, Jajahan Gua Musang, in Kelantan.

TNB to increase capex for grid enhancement

TENAGA Nasional Bhd (TNB) will increase capital expenditure (capex) to support the transition to renewable energy (RE) on the back of solid financials despite a challenging year.

TNB to install solar and mini-hydro on Tioman Island

Malaysian utility Tenaga Nasional Berhad (TNB) via its wholly-owned subsidiary, TNB Energy Services Sdn. Bhd (TNBES), is to increase electricity supply for Tioman Island with solar and hydropower. The island, located 32 kilometres off the coast of Pahang, will have its mini-hydro station in Sungai Mentawak rehabilitated and solar panels installed on the rooftop of the […]

TNB to make Malaysia Airlines buildings “green”

Tenaga Nasional Bhd (TNB), through its subsidiary GSPARX Sdn Bhd, is installing solar panels on four Malaysia Airlines Bhd buildings at the Kuala Lumpur International Airport.