TNB to ride on rising electricity demand
PETALING JAYA: There is further upside for Tenaga Nasional Bhd’s (TNB) share price amid an improving operating environment for the utility giant, say analysts. Rising electricity demand in Malaysia in tandem with the recovery of the country’s economy will continue to bode well for TNB.
TNB to see rebound in 2H20 on strong regulated earnings
TENAGA Nasional Bhd’s (TNB) earnings are expected to rebound in the second half of 2020 (2H20), after the utility group posted a 41.5% drop in second-quarter (2Q) net profit due to higher tax expenses and weaker electricity sales. TNB recorded a net profit of RM653.3 million in the 2Q ended June 30, 2020 (2QFY20), versus RM1.12 […]
TNB to set up fast EV charging stations at Plus’ R&R and federal roads
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) plans to set up fast charging points for electric vehicles (EVs) at strategic Plus Malaysia Bhd’s R&R areas as well as federal roads overseen by the Public Works Department (PWD).
TNB working on restoring power after blackout
PETALING JAYA: Tenaga Nasional Bhd (TNB) is working on restoring electricity supply in several parts of the country after a major blackout this afternoon. In a brief statement posted on its Facebook page, TNB said its technical team was investigating the cause of the blackout and was working hard to restore supply.
TNB, DBKL looking into renewable energy collaboration
THE Kuala Lumpur City Hall (DBKL) is considering the installation of solar panels on the rooftop of its buildings with the assistance of Tenaga Nasional Bhd (TNB), in line with the KL Low Carbon Society Blueprint 2030 initiative. TNB said its wholly owned subsidiary, TNBX Sdn Bhd, recently inked a non-binding, three-year memorandum of understanding […]
TNB, Petronas join forces to advance Malaysia’s carbon-neutral aspirations
Tenaga Nasional Bhd (TNB) and Petronas have signed a memorandum of understanding (MoU) to strengthen collaboration in driving innovative solutions towards decarbonisation in support of Malaysia’s aspirations to be a carbon-neutral nation by 2050.
TNB, PWD ink renewable energy collaboration
KUALA LUMPUR: Tenaga Nasional Bhd (TNB), through its wholly owned subsidiary, TNBX Sdn Bhd (TNBX) and the Public Works Department (PWD) are undertaking a feasibility study on the installation of rooftop solar on PWD buildings under TNB Solar Energy Purchase Programme. The study is one of the five areas of collaboration that both parties are […]
TNB: 26.5km submarine cable to strengthen electricity supply in Pulau Langkawi
KUALA LUMPUR (Dec 10): Langkawi’s electric system, now fully automated, will be further enhanced through the installation of a 26.5km submarine cable that will deliver energy from the National Grid to the resort island. Tenaga Nasional Bhd (TNB) chief grid officer Datuk Ir Husaini Husin said the effort to expand the 132 kilovolt (kV) submarine […]
TNB: 85pc of complaints on electricity bill spike resolved
KUALA LUMPUR, June 13 — Tenaga Nasional Bhd (TNB) today updated that 85 per cent of the over 18,000 complaints from the utility’s consumers across the country on “sky high” electricity bills in April and May, had been resolved. TNB president and chief executive officer Amir Hamzah Azizan said the utility would try to resolve […]
TNB: Prorate method ensures users will not be overcharged
KUALA LUMPUR, May 28 — Tenaga Nasional Bhd (TNB) has clarified that the prorated method used in adjusting electricity bills during the implementation of the movement control order (MCO) will not cause consumers to be overcharged. Chief Retail Officer Megat Jalaluddin Megat Hassan said the prorate method used by TNB was reviewed and approved by the […]