TNB confident of securing sizeable contingent capex over RP4

Apex Research said contingent capex will only be implemented upon reaching specific triggering points.

PETALING JAYA: Tenaga Nasional Bhd (TNB) is confident of securing 60% to 70% of the contingent capital expenditure (capex) in the Regulatory Period 4 (RP4).

Apex Research said this was disclosed by the utility’s management in a recent briefing where further details on RP4’s capex was shared.