KUALA LUMPUR, Aug 23 ― Tenaga Nasional Bhd (TNB) aims to expand its portfolio in renewable energy (RE) in existing international markets such as the United Kingdom (UK) as...
KUALA LUMPUR, Aug 23 ― Tenaga Nasional Bhd aims to expand its portfolio in renewable energy in existing international markets such as the United Kingdom as well as throughout the Asia Pacific and Europe.
“At TNB, we also believe in collaboration, both inside and outside the country. Collaboration is essential to foster innovation and to implement a successful energy transition. “In addition, we are also actively exploring the Southeast Asian market where we have several strategic partners in Vietnam, Laos, and Thailand to further develop cooperation at the Asean level in cross-border topics for Malaysia to become a green energy hub in the region,” he said.
“There is already a common understanding among Asean countries about how critical the importance of energy transition is. This has helped push the Asean region to speed up the long-delayed connectivity programme,” he noted. “Therefore, TNB needs about RM450 billion in capital expenditure for the same period in pursuing its own energy transition agenda for Malaysia. This is a huge investment,” he added.
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