Tenaga Nasional Berhad (TNB) is the largest electricity utility in Malaysia and a leading utility company in Asia. Listed on the Main Board of Bursa Malaysia with almost RM87 billion in assets, the Company’s more than 33,500 employees serve an estimated 8.3 million customers in Peninsular Malaysia, Sabah and Labuan. TNB has been Keeping the Lights On in Malaysia ever since it was set up as the Central Electricity Board in 1949, powering national development via the provision of reliable and efficient electricity.
TNB’s core businesses are in the generation, transmission and distribution of electricity. In Peninsular Malaysia, the Company supplies households and industry with electricity generated from six thermal stations and three major hydroelectric schemes. It also manages and operates the National Grid which links TNB power stations and IPPs to the distribution network. The grid is connected to Thailand’s transmission system in the north and Singapore’s transmission system in the south. In East Malaysia, TNB has an 80% equity in Sabah Electricity Sdn. Bhd. (SESB), which manages the Sabah Grid.
Other than its core business, TNB has diversified into the manufacture of transformers, high voltage switchgears and cables; the provision of professional consultancy services; and architectural, civil, electrical engineering works and services, repair and maintenance. The Company also engages in research and development, property development and management services. Tapping into opportunities available overseas, TNB is making inroads into emerging markets, focusing on the Asia-Pacific, Middle East and North Africa regions.
In 2005, the Company embarked on a 20-Year Strategic Plan with the ultimate objective of transforming into a world-class player by the year 2025. To support this vision, TNB invests significantly in the continuous professional development of its employees through structured programmes. There is also renewed emphasis on sustainability, both of the organisation and of the Malaysian environment. The Strategic Plan entails greater focus on green initiatives such as the development of renewable sources of fuel, and more effective demand side management via energy efficiency, thus complementing the Government’s carbon reduction agenda.
As a leading Government-linked company, TNB also places strong emphasis on its social responsibilities. Through its foundation Yayasan Tenaga Nasional (YTN), established in 1993, the Company runs numerous CSR programmes that benefit the underprivileged. Among its many successful social outreach programmes are those that education via scholarships and better health for all.