TNB expects 7%-15% drop in electricity consumption this year


Amir Hamzah said during MCO, TNB saw a 30%-50% drop in electricity usage in the commercial sector as many workers were working from home

PETALING JAYA: Tenaga Nasional Bhd (TNB) is expecting lower usage of electricity this year due to overall weakness in the economic activity led by the coronavirus (Covid-19) pandemic.

President and CEO Datuk Seri Amir Hamzah Azizan expects electric consumption to drop 7%-15% y-o-y this year, due to the slowdown of activity in the commercial sector.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Tenaga , TNB , electricity

   

Next In Business News

Oil falls on prospect of higher-for-longer US rates
Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Wellness a top priority
InNature diversifies into the F&B industry
Tolerance for a cheaper yuan may be temporary
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
China’s push for greener aluminium hit by erratic rains, power cuts

Others Also Read