TNB to invest RM20b annually over 28 years to support country’s net-zero plan

The Edge Markets

The Edge Markets

Isabelle Francis

Tenaga Nasional Bhd (TNB) plans to invest RM20 billion worth of capital expenditure annually over the next 28 years to support the country’s net-zero agenda.

Tenaga Nasional Bhd (TNB) plans to invest RM20 billion worth of capital expenditure annually over the next 28 years to support the country’s net-zero agenda.

Speaking at ENLIT Europe 2022 in Frankfurt, Germany, TNB president and chief executive officer Datuk Indera Baharin Din said TNB is keen to meet with other European electricity supply industry players to explore the opportunities for partnerships and investments as well as delivering energy transition solutions for sustainable business growth.

The Energy Leaders' perspectives on the 4Ds session discussed perspectives on the way forward regarding further Decarbonisation, Digitalisation, Democratisation and Decentralisation of our energy system and how the roles of renewables and nuclear energy are changing.

The session included:

Axel Thiemann, CEO of Sonnedix

Christian Buche, EDSO Chairman

Kirsty Gogan, Founder and Managing Director of Terra Praxis

Datuk Indera Baharin Din, President and CEO of Tenaga Nasional Bhd

And was moderated by John Feddersen, Founder of Aurora Energy Research

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