Equity Analysis /
Malaysia

MY : Tenaga Nasional - Fast-tracking sustainability agenda

    Siew Teng Ngo
    Siew Teng Ngo

    Research Analyst

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    CGS-CIMB
    17 August 2022
    Published byCGS-CIMB

    TNB is fast-tracking its sustainability agenda with the TNB Energy Transition Programme, aiming for transformation across the electricity value chain. We gather that the IPO of GenCo might not happen in the near term as it is focusing on improving efficiencies of its existing assets and decarbonisation.