PETALING JAYA: Tenaga Nasional Bhd’s (TNB) (pic) foray into the renewable energy (RE) market in Singapore is in line with the utility giant’s plans to fast track its RE expansion plan, say analysts.
MIDF Research in its latest report said the development is a positive move for TNB, adding that the company’s entry into Singapore’s RE market will help address any environmental, social and governance (ESG) issues it may have.
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