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Jun 14, 2024 · Tenaga aims to reduce the group’s coal capacity by 50% by 2035 and coal free by 2050. While the final target seems to differ from the Energy Commission’s current aspiration for 20% power generation capacity by 2039, management believed RE generation costs and technology advancement will eventually become comparable (if not better ...
4 days ago · Publish date: Wed, 17 Aug 2022, 09:28 AM. Tenaga’s investor day on “Net Zero 2050” highlighted Tenaga’s ESG commitment towards reducing 35% emission intensity by 2035 and achieve net zero emission by 2050. Various initiatives and programs have been determined and penned out with clear objectives, including transforming the ...
Jun 14, 2024 · Tenaga Nasional Berhad (OTCMKTS:TNABY) to Issue Dividend Increase - $0.21 Per Share. Tenaga Nasional Berhad (OTCMKTS:TNABY) declared a dividend on Tuesday, March 19th. Shareholders of record on Friday, March 29th will be given a dividend of 0.2091 per share on Monday, April 29th. The ex-dividend date is Wednesday, March 27th.
Jun 18, 2024 · We maintain BUY on Tenaga Nasional (TNB) with a DCFbased fair value of RM11.80/share (WACC: 7%; terminal growth rate: 2%). We ascribe a 3-star ESG rating to TNB. TNB held an Investors Day yesterday. Although it will take time, we positively view TNB’s initiatives to reduce its carbon emissions.
Jun 27, 2024 · Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally. The company operates and maintains thermal generation facilities and hydroelectric power generating schemes; and manages and operates the National Grid that is connected to Thailand's transmission system, as well as Singapore's transmission system at Senoko.
Jun 24, 2024 · Tenaga Nasional Bhd’s (TENAGA) FY23 core net profit of RM3.1bn came in below expectations, accounting for 87% of ours and 88% of consensus’ full-year forecasts. The earnings miss was mainly attributed to higher-thanexpected operating expenses, specifically the non-generation costs.
3 days ago · Tenaga Nasional (TNB) has received a letter of motification from the Ministry of Energy and Natural Resources to develop a 300MW hydroelectric power plant at Mukim Ulu Nenggiri, Gua Musang, Kelantan. The hydroelectric power plant is estimated to take five years to be completed. The scheduled commercial operating date is expected to be 1 June 2027.
