TNB continues to play active role in renewable energy

CIMB Equities Research said in its latest report that TNB is one of the cheapest big cap counters in the market with a decent dividend yield of about 4% for financial year (FY) 2019-FY21.

PETALING JAYA: Underscored by Tenaga Nasional Bhd’s (TNB) aspiration to be the Asean leader in renewables, the group is actively diversifying into energy sources that are able to meet the needs of the future in a sustainable, reliable and affordable manner.

“We are looking to expand our domestic generation capacity to fuel the nation’s economic trajectory, while continuously building our international generation capacity in selected strategic markets,” TNB said in its Integrated Annual Report 2018.