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{{Short description|Malaysian electricity company}}
{{about|the company|the hockey club|Tenaga Nasional Berhad Hockey Club}}
{{EngvarB|date=February 2015}}
{{Use dmy dates|date=February 2015}}
{{Infobox company
| name = Tenaga Nasional Berhad<br />{{lang|ms-arab|تناݢ ناسيونل برحد}}
| logo = Tenaga Nasional Logo.svg
| image = Tenaga Nasional building in Bangsar.JPG
| image_size = 250px
| image_caption = The Tenaga Nasional headquarters in Bangsar.
| type = Publicly traded [[state-owned enterprise]]
| traded_as = {{myx|5347}}
| ISIN = {{ISIN|sl=n|pl=y|MYL5347OO009}}
| genre = =
| fate = =
| predecessor = Central Electricity Board (CEB)<br =/>National Electricity Board (NEB)
| successor = =
| foundation = {{start date and age|df=y|1990|2|1}}
| founder = =
| defunct = =
| location_city = Kuala Lumpur
| location_country = Malaysia
| location = =
| locations = =
| area_served = [[Malaysia]] (except [[Sarawak]]), [[SaudiUnited ArabiaKingdom]], [[PakistanTurkey]], [[IndiaKuwait]], [[TurkeySaudi Arabia]], [[UnitedPakistan]], Kingdom[[India]], [[Cambodia]]
| key_people = Dato' Abdul Razak Abdul = Vacant Majid<br/><small>(Chairman)</small><br/>Datuk Ir. BaharinMegat Jalaluddin Bin DinMegat Hassan<br/>{{small|(President)}}
| industry = [[Electric power industry]]
| products =
| production = =
| services = [[Electricity generation]], [[Electric power transmission|transmission]] and [[Electricity distribution|distribution]]
| revenue = {{increase}}[[Malaysian ringgit|RM]]5250.6387 billion (20212022)<ref name="Annual Report for 2021TNB_IAR_2022">{{cite web|title=Annual Reports|url=http://www.tnb.com.my/investors-media/annual-reports.html|publisher=Tenaga Nasional}}</ref>
| operating_income = {{increase}}RM8RM9.0841 billion (20212022)<ref name="Annual Report for 2021TNB_IAR_2022"/>
| net_income = {{increasedecrease}}RM3.6647 billion (20212022)<ref name="Annual Report for 2021TNB_IAR_2022"/>
| aum = =
| assets = {{increase}}RM182RM205.6092 billion (20212022)<ref name="Annual Report for 2021TNB_IAR_2022"/>
| equity = =
| owner = =
| num_employees = 34,938699 (20212022)<ref name="Annual Report for 2021TNB_IAR_2022"/>
| parent = {{unbulleted list|[[Khazanah Nasional]] (25.65%)<ref name="Annual Report for 2021TNB_IAR_2022"/>|[[Permodalan Nasional Berhad]] (18.43%)<ref name="Annual Report for 2021TNB_IAR_2022"/>|[[Employees Provident Fund (Malaysia)]] (1615.28%)<ref name="Annual Report for 2021TNB_IAR_2022"/>|[[Employees ProvidentRetirement Fund (MalaysiaIncorporated)]] (167.23%)<ref name="AnnualTNB_IAR_2022"/>|Foreign ReportShareholdings for(13.1%)<ref 2021name="TNB_IAR_2022"/>|[[KumpulanLocal WangCorporations Persaraan& (Diperbadankan)]]Retail (718.42%)<ref name="AnnualTNB_IAR_2022"/>|Other ReportGovernment forAgencies 2021(1.8%)<ref name="TNB_IAR_2022"/>}}
| divisions =
| subsid = {{unbulleted list||[[https://tnbgenco.com.my/ TNB Genco]]|[[https://www.mtmsb.com/ Malaysia Transformer Manufacturing (MTM)]]|[[https://tnbilsas.com.my/ TNB Integrated Learning Solution (ILSAS)]]|[[https://www.allo.my/ Allo Technology]]|[[https://www.tnbr.com.my/ TNB Research]]|[[https://www.tnec.com.my/ TNB Engineering Corporation]]|[[http://www.tnbrenewables.com/ TNB Renewables]]|[[Universiti Tenaga Nasional]]|[[https://www.tnbes.com.my/ TNB Energy Services]]|[[Sabah Electricity]]|[[http://www.mytsg.com.my/ Tenaga Switchgear]]}}
| homepage = {{URL|http://www.tnb.com.my}}
| footnotes = =
| intl = =
}}
 
'''Tenaga Nasional Berhad''' ({{lit|National Energy Limited}}, abbreviated as '''TNB'''; TENAGATENA, {{myx|5347}}), also known as '''Tenaga Nasional''' or simply '''Tenaga''', is the Malaysian [[multinational corporation|multinational]] electricity company and is the only [[electric utility]] company in Peninsular [[Malaysia]] and also the largest [[Public company|publicly- listed]] power company in [[Southeast Asia]] with [[Malaysian ringgit|MYR]] 182.60 billion worth of assets. It serves over 10.3 million customers<ref name="Annual Report for 2021TNB_IAR_2022"/> throughout [[Peninsular Malaysia]] (except [[Sarawak]]){{efn|TNBThe doeselectric notpower operate and control its operationsbusiness in Sarawak, and it is managed by [[Sarawak Energy]], a Sarawak state-owned energy company instead.}} and the East Malaysian state of [[Sabah]] through [[Sabah Electricity|Sabah Electricity Sdn Bhd]].

TNB's core activities are in the [[Electricity generation|generation]], [[Electric power transmission|transmission]] and [[Electricity distribution|distribution]] of electricity. Other activities include repairing, testing and maintaining [[power plant]]s, providing engineering, procurement and construction services for power plants related products, assembling and manufacturing high voltage switchgears, coal mining and trading. Operations are carried out in Malaysia, [[Saudi Arabia]], [[Pakistan]], [[India]], [[Turkey]], [[United Kingdom]], and [[Cambodia]].<ref name="Annual Report for 2021TNB_IAR_2022"/>. TNB also offers higher education through its university, [[Universiti Tenaga Nasional]] (Uniten). TNB also exports electricity to Singapore via a partnership between its subsidiary TNB Power Generation Sdn Bhd and YTL PowerSeraya Pte Ltd.<ref>{{cite web |title=TNB Genco, YTL PowerSeraya imports 100MW electricity to Singapore |url=https://sbr.com.sg/news/tnb-genco-ytl-powerseraya-imports-100mw-electricity-singapore-0 |website=Singapore Business Review |access-date=24 April 2023 |archive-url=https://web.archive.org/web/20230201070846/https://sbr.com.sg/news/tnb-genco-ytl-powerseraya-imports-100mw-electricity-singapore-0 |archive-date=February 1, 2023 |language=en |date=1 February 2023}}</ref>
 
TNB is one of the 10 companies under [[Khazanah Nasional]], Malaysian sovereign wealth fund and also one of the 13 Malaysian companies listed on the [[Forbes Global 2000]] in 2018.<ref>{{cite web | title=13 Malaysian companies listed on Forbes Global 2000| url=https://themalaysianreserve.com/2018/06/08/13-malaysian-companies-listed-on-forbes-global-2000/ | work=The Malaysian Reserve| date= 8 June 2018| access-date=31 May 2019}}</ref> TNB is ranked 16th globally in [https://brandirectory.com/rankings/utilities/table Brand Finance: Utilities 50 2021 Ranking]<ref>{{cite web|title=Utilities 50 2021 Ranking|url=https://brandirectory.com/rankings/utilities/table|work=Brand Finance|access-date=3 May 2021}}</ref> and 226th globally in 2020 Bentley Infrastructure 500.<ref>{{cite web | url= https://www.bentley.com/en/top-infrastructure-owners | title= Bentley Infrastructure 500 Top Owners | website= [[Bentley]] | access-date = 15 January 2022}}</ref>
 
==History==
===Lembaga Letrik Pusat (1949-1965)===
The ''Lembaga Letrik Pusat'' (Central Electricity Board, CEB) was established and came into operation on 1 September 1949. The Board was to become heir to three major projects considered by the Electricity Department following its re-establishment in April 1946 which were the [[Connaught Bridge Power Station]], [[Cameron Highlands]] Hydroelectric Project & the development of a [[National Grid, Malaysia|National Grid]]. CEB eventually became the owner of 34 power stations with a generation capacity of 39.88 MW, including a steam power station in [[Bangsar]] with a capacity of 26.5 MW, a hydroelectric power station at Ulu Langat with a capacity of 2.28 MW, and various diesel powered generators with a total capacity of 11.1 MW.<ref name="tnbhist">{{cite web|title=The Story Of Electricity - Central Electricity Board (CEB) |url=http://www.tnb.com.my/tnb/abus_his2.htm |work=Tenaga Nasional Berhad |access-date=25 May 2009 }}{{dead link|date=May 2016|bot=medic}}{{cbignore|bot=medic}}</ref>
 
===Lembaga Letrik NegaraPusat (1965-19901949–1965)===
The ''Lembaga Letrik Pusat'' (Central Electricity Board, CEB) was established and came into operation on 1 September 1949. The Board was to become heir to three major projects considered by the Electricity Department following its re-establishment in April 1946 which were the [[Connaught Bridge Power Station]], [[Cameron Highlands]] Hydroelectric Project &and the development of a [[National Grid, Malaysia|National Grid]]. CEB eventually became the owner of 34 power stations with a generation capacity of 39.88 MW, including a steam power station in [[Bangsar]] with a capacity of 26.5 MW, a hydroelectric power station at Ulu Langat with a capacity of 2.28 MW, and various diesel powered generators with a total capacity of 11.1 MW.<ref name="tnbhist">{{cite web|title=The Story Of Electricity - Central Electricity Board (CEB) |url=http://www.tnb.com.my/tnb/abus_his2.htm |work=Tenaga Nasional Berhad |access-date=25 May 2009 }}{{dead link|date=May 2016|bot=medic}}{{cbignore|bot=medic}}</ref>
On 22 June 1965, Central Electricity Board (CEB) of the [[Federation of Malaya]] was renamed the ''Lembaga Letrik Negara'' (National Electricity Board, NEB) of the States of Malaya. By the 1980s, the Board was supplying the whole peninsula with electricity, replacing the Perak River Hydro Electric Power company (PRHEP) and its subsidiary Kinta Electrical Distribution Co. Ltd (KED) in 1982, Penang Municipality in 1976, and areas supplied by Huttenbach Ltd in 1964, which included Alor Setar, Sungai Petani, Kulim, Lunas, Padang Serai, Telok Anson, Langkap, Tampin and Kuala Pilah.
 
===Lembaga Letrik PusatNegara (1949-19651965–1990)===
On 4 May 1988, [[Prime Minister of Malaysia|Prime Minister]] [[Mahathir bin Mohamad|Mahathir Mohamad]] announced the government’s decision on a policy of [[Privatization|privatisation]]. Two pieces of [[legislation]] were passed to replace the Electricity Act and to provide for the establishment of a new corporation. Tenaga Nasional Berhad (TNB) was formed in 1990 by the Electricity Supply Successor Company Act 1990, to succeed the National Electricity Board (NEB) of the States of Malaya.
On 22 June 1965, Central Electricity Board (CEB) of the [[Federation of Malaya]] was renamed the ''Lembaga Letrik Negara'' (National Electricity Board, NEB) of the States of Malaya. By the 1980s, the Board was supplying the whole peninsula with electricity, replacing the Perak River Hydro Electric Power company (PRHEP) and its subsidiary Kinta Electrical Distribution Co. Ltd (KED) in 1982, Penang Municipality in 1976, and areas supplied by Huttenbach Ltd in 1964, which included Alor Setar, Sungai Petani, Kulim, Lunas, Padang Serai, Telok Anson, Langkap, Tampin and Kuala Pilah.
 
On 4 May 1988, [[Prime Minister of Malaysia|Prime Minister]] [[Mahathir bin Mohamad|Mahathir Mohamad]] announced the government’sgovernment's decision on a policy of [[Privatization|privatisation]]. Two pieces of [[legislation]] were passed to replace the Electricity Act and to provide for the establishment of a new corporation. Tenaga Nasional Berhad (TNB) was formed in 1990 by the Electricity Supply Successor Company Act 1990, to succeed the National Electricity Board (NEB) of the States of Malaya.
==Corporate Governance==
Tan Sri [[Leo Moggie]] is TNB’s former chairman and Non-Independent Non-Executive Chairman from 12 April 2004 to 11 March 2020.<ref>Shahizam Tazali (21 February 2019). [http://www.utusan.com.my/bisnes/korporat/tnb-lanjut-perkhidmatan-leo-moggie-1.845827 TNB lanjut perkhidmatan Leo Moggie] ''[[Utusan Malaysia]]''. Retrieved on April 4, 2019.</ref><ref>[https://www.thestar.com.my/business/business-news/2019/02/21/tnb-extends-leo-moggie-contract-until-march-2020/ TNB extends Leo Moggie contract until March 2020] ''[[The Star Online]]'' (21 February 2019). Retrieved on April 4, 2019.</ref> [[Ahmad Badri Mohd Zahir]] was the new chairman of the company, appointed on 12 March 2020, succeeding Moggie.<ref>{{cite news|url=https://www.thestar.com.my/business/business-news/2020/02/28/tnb-chairman-leo-moggie-resigns-treasury-sec-gen-ahmad-badri-to-succeed|title=TNB chairman Leo Moggie retires, Treasury Sec. Gen. Ahmad Badri to succeed|work=[[The Star (Malaysia)|The Star]]|date=28 February 2020|access-date=11 March 2020}}</ref>
 
==Corporate Governancegovernance==
[[UEM Edgenta]] chairman, Amir Hamzah Tun Azizan was appointed as the new CEO and President since 2 April 2019 succeeding Datuk Seri Ir. Azman Mohd who resigned on 31 March.<ref>[https://www.theedgemarkets.com/article/amir-hamzah-tnbs-new-ceo Amir Hamzah dilantik sebagai CEO/Presiden TNB] ''The Edge Markets'' (27 March 2019). Retrieved on April 4, 2019.</ref>
The board of directors is responsible for governing and setting policy for TNB, consisting of 13 members: 6 independent non-executive directors, 5 non-independent non-executive directors, an executive director, a TNB chairman/CEO and its president. The company's professional management team consists of 14 members.
 
==Divisions==
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The Generation division owns and operates [[Thermal power station|thermal]] assets and [[hydroelectric]] generation schemes in Peninsular Malaysia and one [[Independent Power Producer]] (IPP) operating in [[Pakistan]]. In the peninsula, it has a generation capacity of 11,296 MW.<ref name="tnbgen">{{cite web|title=TNB Generation Division |url=http://www.tnb.com.my/tnb/bus_gen.jsp |work=Tenaga Nasional Berhad |year=2004 |access-date=25 May 2009 }}{{dead link|date=May 2016|bot=medic}}{{cbignore|bot=medic}}</ref>
 
Plans to expand its generation capacity include increasing hydroelectric generation by 2015<ref>{{cite web | title=TNB Plans To Increase Hydropower Generation | url=http://www.bernama.com/bernama/v5/newsindex.php?id=412941 | work=Bernama | publisher=Bernama | date=22 May 2009 | access-date=25 May 2009}}</ref> and commissioning the first nuclear power plant in Malaysia by 2025 if the government decides to include nuclear as an acceptable energy option.<ref>{{cite web | title=TNB Awaits Govt Decision To Commission First Nuclear Power Plant By 2025 | url=http://www.bernama.com/bernama/v5/newsbusiness.php?id=413588 | work=Christine Lim | publisher=Bernama | date=25 May 2009 | access-date=25 May 2009}}</ref> In 2021, Tenaga became part owner of the [[Repowering|repowered]] [[Blyth Offshore Wind Farm]] in England.<ref>{{cite web |title=Malaysian utility enters offshore wind with Blyth stake |url=https://renews.biz/73014/edf-renewables-picks-up-new-blyth-partner/ |website=reNEWS - Renewable Energy News |date=20 October 2021}}</ref>
 
===Transmission===
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==Branding==
Since its privatization, the corporate slogan of TNB is 'Penggerak Kemajuan Negara' or Powering the Nation.<ref>{{cite news|url=https://www.tnb.com.my/assets/newsclip/31082015b.pdf|title=TNB sinari kehidupan warga Malaysia sejak sebelum merdeka|format=PDF|work=Tenaga Nasional Berhad|date=31 August 2015|access-date=1 September 2015}}</ref> Since 2013, the company has adopt new corporate slogan campaign, 'Better. Brighter'.<ref>{{cite news|url=https://www.thestar.com.my/news/nation/2017/08/17/a-bigger-brighter-future-up-ahead/|title=A bigger, brighter future up ahead|author=Syed Azhar|work=[[The Star (Malaysia)|The Star Online]]|date=17 August 2017|access-date=1 September 2017}}</ref>
 
==See also==
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| symbol =
| sec_cik =
| hoovers = mm
| yahoo = TENA.KL
| google = TNB
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[[Category:Energy companies established in 1990]]
[[Category:Companies listed on Bursa Malaysia]]
[[Category:Companies in the FTSE Bursa Malaysia KLCI]]
[[Category:Khazanah Nasional]]
[[Category:Multinational companies headquartered in Malaysia]]