“We are positive on the long-term outlook for TNB due to the improving cash flow from easing imbalance cost pass-through (ICPT) receivables, and exciting earnings growth opportunities from the NETR roadmap,” said TA Research.
PETALING JAYA: Tenaga Nasional Bhd
(TNB) is seen as the key beneficiary from the National Energy Transition Roadmap (NETR) as it will gain incremental revenue from wheeling charges of cross-border electricity exports.
The grid upgrade for energy transition will be under a different scheme from the current regulated incentive-based regulation (IBR) scheme, according to TA Research.
