TNB quickens move into renewable energy

Showing commitment: A file photo of TNB workers in front of their headquarters. The utility company is also eyeing overseas acquisitions to meet its RE targets.

PETALING JAYA: Tenaga Nasional Bhd (TNB) is accelerating its energy transition initiatives in line with the government’s National Energy Transition Roadmap (NETR).

After meeting with TNB recently, Kenanga Research said it felt assured the company is translating its deep commitment in accelerating energy transition into firm and consistent action, ensuring its goals on renewable energy (RE) growth and emissions reduction are within reach, in line with NETR targets.