Accra:Tenaga Nasional Bhd (TNB) has announced a RM15 billion investment to enhance the National Grid's capacity, as outlined in Budget 2027. This investment is part of a larger RM43 billion allocation for the 2025-2027 period aimed at strengthening and modernizing the country's electricity supply system.
According to BERNAMA News Agency, The upgrades are expected to support the growth of the digital economy and artificial intelligence, which require a stable electricity supply for operations such as large-scale data centers. TNB highlighted initiatives like the Green Lane Pathway, which aims to streamline the development of electricity supply infrastructure for these projects.
Additionally, TNB offers the Corporate Renewable Energy Supply Scheme (CRESS) and Green Electricity Tariff (GET) to provide industries with renewable energy options. For domestic consumers, the extension of the electricity bill protection threshold from 600 kWh to 800 kWh monthly is predicted to benefit over eight million households.
TNB has also endorsed solar-powered streetlights in villages, rooftop solar panels at welfare homes and places of worship, and upgrades to electricity supply in tahfiz schools, pondok, and Orang Asli villages. The company is committed to accelerating rural electricity projects to enhance community access to reliable electricity.
To support the Bumiputera economy, TNB has allocated over RM11 billion under the Bumiputera Vendor Development Programme 3.0, benefiting more than 1,200 vendors. In line with the Bumiputera Economic Transformation Plan 2035, TNB will continue supporting Bumiputera companies in renewable energy projects, grid strengthening, and green technology initiatives.
TNB is also focused on implementing the National Energy Transition Roadmap to reach net-zero carbon emissions and achieve 70% renewable energy generation capacity by 2050 through investments in solar initiatives, battery energy storage systems, and the Hydro Life Extension Programme.
At the regional level, TNB is committed to the ASEAN Power Grid project, which aims to enhance cross-border energy sharing and strengthen energy supply security. TNB's president and CEO, Datuk Seri Shamsul Ahmad, emphasized the company's dedication to providing a safe and reliable electricity supply to households and businesses while ensuring the energy system's development benefits the people and supports economic growth.