PETALING JAYA: Tenaga Nasional Bhd
(TNB) has responded to calls for it to be excluded from future bids for new power plants by saying that such a move was counter-productive to the fundamental objective of bringing value to customers via the most competitive electricity prices.
“TNB’s participation in future power plants’ bidding process ensures successful bidders make reasonable market returns and customers benefit from competitive electricity prices,” TNB vice-president (new business and major projects) Datuk Mohd Nazri Shahruddin said in a statement yesterday.
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