Malaysian utility Tenaga to invest $4.5b a year to speed up energy transition

Malaysian utility Tenaga to invest $4.5b a year to speed up energy transition

Photo: Bloomberg

Malaysian utility Tenaga Nasional Bhd (TNB) said on Wednesday it was aiming for capital expenditure of about 20 billion ringgit ($4.48 billion) annually till 2050 to fast track its energy transition plans.