TNB ventures into Singapore RE market

The collaboration will allow TNB to tap into the RE and corporate power purchase agreement (PPA) market in Singapore and marks an important milestone for the expansion of TNB’s international RE footprint into South-East Asia, the company said in a filing with Bursa Malaysia yesterday.

KUALA LUMPUR: Tenaga Nasional Bhd (TNB), through its wholly-owned subsidiary TNB Renewables Sdn Bhd, has made its first foray into Singapore’s renewable energy (RE) market via a collaboration with Sunseap Group.

The collaboration will allow TNB to tap into the RE and corporate power purchase agreement (PPA) market in Singapore and marks an important milestone for the expansion of TNB’s international RE footprint into South-East Asia, the company said in a filing with Bursa Malaysia yesterday.