BUSINESS

Govt To Look At How TNB Can Play Role In Realising ASEAN Power Grid Initiative

29/10/2024 05:30 PM

KUALA LUMPUR, Oct 29 (Bernama) -- The government will look at how Tenaga Nasional Bhd (TNB) can play a role in realising the ASEAN Power Grid (APG) initiative.

Prime Minister Datuk Seri Anwar Ibrahim said that in conjunction with the ASEAN chairmanship which Malaysia will assume next year, the APG is one of the main focuses of the government with the aim to make the country and the region the main energy hub for the future.

“The government is aware that the investment is huge and is thinking of ways for TNB to be able to work together with other groups to make APG a success,” he was speaking at TNB's 75th Anniversary Celebration at the Leo Moggie Convention Centre here today.

At the same time, Anwar wants TNB to reduce its reliance on coal and switch to renewable energy as soon as possible.

“The Green Building Index and the Green Pathway are things that the old management had never heard of or thought about. This is the demand of the times and if we want Malaysia to succeed, we must have the tenacity to act quickly and boldly,” he said.

Anwar, who is also the Finance Minister, said TNB has conducted thorough research and found ways and methods so that the energy transition is smooth and effective.

“TNB, which has an excellent record in various fields, is now challenged to make the energy transition.

“TNB needs to make this transition as soon as possible and to continue doing research so that our energy transition goes smoothly and effectively," he said.

-- BERNAMA

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