Tenaga Nasional

Tenaga Nasional Berhad (abbreviated as TNB; TENA, MYX: 5347), also known as Tenaga Nasional or simply Tenaga, is the Malaysian multinational electricity company and is the only electric utility company in Peninsular Malaysia and also the largest publicly-listed power company in Southeast Asia with MYR 99.03 billion worth of assets. It serves over 8.4 million customers[3] throughout Peninsular Malaysia (except Sarawak)[lower-alpha 1] and the East Malaysian state of Sabah through Sabah Electricity Sdn Bhd. TNB's core activities are in the generation, transmission and distribution of electricity. Other activities include repairing, testing and maintaining power plants, providing engineering, procurement and construction services for power plants related products, assembling and manufacturing high voltage switchgears, coal mining and trading. Operations are carried out in Malaysia, Mauritius, Pakistan, India and Indonesia.[4]

Tenaga Nasional Berhad
تناݢ ناسيونل برحد
TypePublicly traded government-linked company
MYX: 5347
ISINMYL5347OO009
IndustryElectrical power
Founded1 February 1990 (1990-02-01)
Headquarters
Kuala Lumpur
,
Malaysia
Area served
Malaysia (except Sarawak), Mauritius, Pakistan, India, Indonesia
Key people
Mahdzir Khalid, Chairman
Amir Hamzah Tun Azizan, CEO[1]
Raajiv Varman, Independent Non-Executive Director[2]
ProductsElectricity generation, transmission and distribution
RevenueRM37.13 billion (2013)[3]
RM5.89 billion (2013)[3]
RM4.61 billion (2013)[3]
Total assetsRM99.03 billion (2013)[3]
Number of employees
34,900 (2013)[3]
ParentKhazanah Nasional
SubsidiariesIntegrax
Websitewww.tnb.com.my

Tenaga Nasional is one of the 10 companies under Khazanah Nasional, Malaysian sovereign wealth fund and also one of the 13 Malaysian companies listed on the Forbes Global 2000 in 2018.[5]

History

Lembaga Letrik Pusat (1949-1965)

The Lembaga Letrik Pusat (Central Electricity Board, CEB) was established and came into operation on 1 September 1949. The Board was to become heir to three major projects considered by the Electricity Department following its re-establishment in April 1946 which were the Connaught Bridge Power Station, Cameron Highlands Hydroelectric Project & the development of a National Grid. CEB eventually became the owner of 34 power stations with a generation capacity of 39.88 MW, including a steam power station in Bangsar with a capacity of 26.5 MW, a hydroelectric power station at Ulu Langat with a capacity of 2.28 MW, and various diesel powered generators with a total capacity of 11.1 MW.[6]

Lembaga Letrik Negara (1965-1990)

On 22 June 1965, Central Electricity Board (CEB) of the Federation of Malaya was renamed the Lembaga Letrik Negara (National Electricity Board, NEB) of the States of Malaya. By the 1980s, the Board was supplying the whole peninsula with electricity, replacing the Perak River Hydro Electric Power company (PRHEP) and its subsidiary Kinta Electrical Distribution Co. Ltd (KED) in 1982, Penang Municipality in 1976, and areas supplied by Huttenbach Ltd in 1964, which included Alor Setar, Sungai Petani, Kulim, Lunas, Padang Serai, Telok Anson, Langkap, Tampin and Kuala Pilah.

On 4 May 1988, Prime Minister Mahathir Mohamad announced the government’s decision on a policy of privatisation. Two pieces of legislation were passed to replace the Electricity Act and to provide for the establishment of a new corporation. Tenaga Nasional Berhad (TNB) was formed in 1990 by the Electricity Supply Successor Company Act 1990, to succeed the National Electricity Board (NEB) of the States of Malaya.

Corporate governance

Tan Sri Leo Moggie is the TNB’s former chairman and Non-Independent Non-Executive Chairman from 12 April 2004 to 11 March 2020.[7][8] Ahmad Badri Mohd Zahir was the new chairman of the company, appointed on 12 March 2020, succeeding Moggie.[9]

UEM Edgenta chairman, Amir Hamzah Tun Azizan was appointed as the new CEO and President since 2 April 2019 succeeding Datuk Seri Ir. Azman Mohd who resigned on 31 March.[10]

Divisions

Transmission

The TNB Group has a complete power supply system, including the National Grid which is energised at 132, 275 and 500 kilovolt (kV), with its tallest electricity pylon in Malaysia and Southeast Asia being the Kerinchi Pylon located near Menara Telekom, Kerinchi, Kuala Lumpur. The National Grid is linked via 132 kV HVAC and 300 kV HVDC interconnection to Thailand and 230 kV cables to Singapore.

TNB, through its subsidiaries, is also involved in the manufacturing of transformers, high voltage switchgears and electrical cables, consultancy services, architectural, civil and electrical engineering works and services, repair and maintenance services and fuel undertakes research and development, property development, and project management services. TNB also offers higher education through its university, Universiti Tenaga Nasional (Uniten).

Generation

For a list of TNB owned power stations see List of power stations in Malaysia.

The Generation division owns and operates thermal assets and hydroelectric generation schemes in Peninsular Malaysia and one Independent Power Producer (IPP) operating in Pakistan. In the peninsula, it has a generation capacity of 11,296 MW.[11]

Plans to expand its generation capacity include increasing hydroelectric generation by 2015[12] and commissioning the first nuclear power plant in Malaysia by 2025 if the government decides to include nuclear as an acceptable energy option.[13]

Distribution

The Distribution division conducts the distribution network operations and electricity retail operations of TNB. The division plans, constructs, operates, performs repairs and maintenance and manages the assets of the 33 kV, 22 kV, 11 kV, 6.6 kV and 415/240 volt in the Peninsular Malaysia distribution network. Sabah Electricity provides the same function in the state of Sabah.

To conduct its electricity retailing business, it operates a network of state and area offices to purchase electricity from embedded generators, market and sell electricity, connect new supply, provide counter services, collect revenues, operate call management centres, provide supply restoration services, and implements customer and government relationships.[14]

Branding

Since its privatization, the corporate slogan of TNB is 'Penggerak Kemajuan Negara' or Powering the Nation.[15] Since 2013, the company has adopt new corporate slogan campaign, 'Better. Brighter'.[16]

See also

Notes

  1. TNB does not operate and control its operations in Sarawak, and it is managed by Sarawak Energy, a Sarawak state-owned energy company instead.

References

  1. Amir Hamzah dilantik sebagai CEO/Presiden TNB The Edge Markets (27 Mac 2019)
  2. The Edge Markets (01 Aug 2020)
  3. "Annual Reports". Tenaga Nasional.
  4. "Tenaga Nasional Berhad - Company Profile Snapshot". Thomson Financial Business. Retrieved 25 May 2009.
  5. "13 Malaysian companies listed on Forbes Global 2000". The Malaysian Reserve. 8 June 2018. Retrieved 31 May 2019.
  6. "The Story Of Electricity - Central Electricity Board (CEB)". Tenaga Nasional Berhad. Retrieved 25 May 2009.
  7. Shahizam Tazali (21 February 2019). TNB lanjut perkhidmatan Leo Moggie Utusan Malaysia. Retrieved on April 4, 2019.
  8. TNB extends Leo Moggie contract until March 2020 The Star Online (21 February 2019). Retrieved on April 4, 2019.
  9. "TNB chairman Leo Moggie retires, Treasury Sec. Gen. Ahmad Badri to succeed". The Star. 28 February 2020. Retrieved 11 March 2020.
  10. Amir Hamzah dilantik sebagai CEO/Presiden TNB The Edge Markets (27 March 2019). Retrieved on April 4, 2019.
  11. "TNB Generation Division". Tenaga Nasional Berhad. 2004. Retrieved 25 May 2009.
  12. "TNB Plans To Increase Hydropower Generation". Bernama. Bernama. 22 May 2009. Retrieved 25 May 2009.
  13. "TNB Awaits Govt Decision To Commission First Nuclear Power Plant By 2025". Christine Lim. Bernama. 25 May 2009. Retrieved 25 May 2009.
  14. "TNB Distribution Division". Tenaga Nasional Berhad. Retrieved 25 May 2009.
  15. "TNB sinari kehidupan warga Malaysia sejak sebelum merdeka" (PDF). Tenaga Nasional Berhad. 31 August 2015. Retrieved 1 September 2015.
  16. Syed Azhar (17 August 2017). "A bigger, brighter future up ahead". The Star Online. Retrieved 1 September 2017.
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