KUALA LUMPUR: Tenaga Nasional Bhd (TNB) plans to invest around RM20bil as capital expenditure (capex) in the next three years, in conjunction with the new Regulatory Period (RP3) starting from 2022 to 2024.
Chief regulatory and stakeholder management officer Datuk Wira Roslan Ab Rahman said the government’s decision to uphold the incentive-based regulation (IBR) and imbalance cost pass-through (ICPT) mechanism enables sufficient investment into the electricity system during the three-year RP3 to ensure continuous reliability of supply for the rakyat.