TA Research says TNB would benefit via the increased utilisation of its electricity transmission and distribution network and maiden profits from EV charging ...
National car makers are expected to start making EVs by 2026 and hit the market by 2027 in the price range of about RM80,000. “Additionally, unit sales of electricity from EV charging stations are expected to reach 15% of TNB’s revenues by 2040,” TA Research said in a report yesterday. The investment into the EV charging ecosystem has a lot of potential but TNB’s management has told TA Research that the CPI business is not expected to break even until EV usage gains scale in the country. “Based on TNB’s projections, the EV market will generate annual electricity revenue of RM1.25bil by 2030. The research house stated that over the longer term, TNB would benefit via the increased utilisation of its electricity transmission and distribution network and maiden profits from EV charging stations. [Tenaga Nasional Bhd](/business/marketwatch/stocks/?qcounter=TENAGA) [’s (TNB) venture into the setting up of the electric vehicle (EV) charge point infrastructure (CPI) is set to benefit its environmental, social and governance (ESG) rating and investor perception.](http://charts.thestar.com.my/?s=TENAGA)
Tenaga Nasional Bhd (TNB) has expressed interest to participate in the development and operation of energy solutions in Indonesia's Ibu Kota Negara (IKN) ...
“Both TNB and PLN will mutually benefit from this sharing of expertise and experience in facing the challenges of energy transition,” he said. “Both TNB and PLN will mutually benefit from this sharing of expertise and experience in facing the challenges of energy transition,” said Baharin. “Once this project is completed, countries in the Asean region will be able to share RE (renewable energy) generation resources, participate in multilateral power trading and provide energy security for the region,” said Baharin.
Tenaga Nasional says it is also keen to explore opportunities with Indonesia's state-owned utility company PLN in the new Indonesian capital in Borneo.
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Baharin Din (front right) is seen handing over the LOI (LOI) to Tengku Zafrul (front left) to explore opportunities for the development of renewable energy and ...
Once this project is completed, countries in the Asean region will be able to share RE generation resources, participate in multilateral power trading and provide energy security for the region,” added Baharin. Stating that there are a lot of commonalities between both corporations, he said “Both TNB and PLN will mutually benefit from this sharing of expertise and experience in facing the challenges of energy transition.” KUCHING (Jan 13): Tenaga Nasional Berhad (TNB) through the Ministry of International Trade and Industry (MITI) Minister, Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz handed over a Letter of Intent (LOI) to the Chairman of the Nusantara Authority (Otorita Ibu Kota Nusantara (IKN).