Powering Malaysia’s future: TNB reinvests in the rakyat

Tenaga Nasional Berhad (TNB) continues to drive Malaysia’s economic resilience and energy security, announcing a strong and sustainable financial performance for 2024. More importantly, this is how their performance translates directly into real benefits for the rakyat.

With 60% of profits distributed as dividends to government-linked investment companies (GLICs), including…

• Permodalan Nasional Berhad (PNB)
• Khazanah Nasional Berhad (KNB)
  Employees’ Provident Fund (EPF)
• Kumpulan Wang Persaraan (KWAP), and
• Lembaga Tabung Haji (LTH);

…TNB is ensuring that Malaysia’s workforce, pensioners and future generations reap the rewards of a stable and forward-looking energy sector.

Let’s take a look at how that works.

TNB is taking a rakyat-first approach

TNB contributes to nation building through various initiatives that directly improve the lives of Malaysians.

One such initiative is the Village Street Lighting Programme, since its launch in 2000, has brightened rural areas nationwide with over 525,000 street lights. In 2024, under Phase 11, an additional 14,210 energy-efficient LED lights were installed, funded under the 12th Malaysia Plan.

By enhancing safety and connectivity in villages, this initiative fuels economic activity and strengthens Malaysia’s progress – ensuring that the nation’s growth benefits every community.

“Our commitment goes beyond providing electricity – we are lighting up Malaysia’s future.

As a responsible GLC, we are not just focused on financial sustainability but on reinvesting our success back into the nation – supporting Malaysians through pension funds, economic development and affordable energy solutions.”

– Tan Sri Abdul Razak Bin Abdul Majid, TNB Chairman.

How TNB’s strong performance directly impacts the rakyat

60% of TNB’s dividends bring benefits to the rakyat in various forms. Their role goes beyond powering homes and businesses – it’s also powering national progress.

The declared dividends provide direct financial benefits to millions of Malaysians through GLICs, which collectively hold more than 60% of TNB shares. This ensures greater financial security for retirees and working Malaysians while, at the same time, contributing to Malaysia’s long-term economic stability.

They are also actively expanding their corporate social responsibility (CSR) initiatives, focusing on tangible improvements for all Malaysians covering four pillars namely education, sports, community well-being and environment.

“These initiatives include expanding electrification projects in rural areas, providing education and skills training programmes and funding community-driven sustainability projects.”

– Datuk Ir. Megat Jalaluddin Bin Megat Hassan, TNB President/CEO.

Does this mean Malaysians are paying more for electricity?

So you’re probably wondering whether all this profitability affects electricity tariffs, aka – Will you be getting a higher electric bill?

The quick answer is no.

TNB assures Malaysians that:

• Tariffs are government-regulated and do NOT increase due to TNB’s profits.
• Reinvestment in grid efficiency helps maintain affordability and prevents unnecessary cost increases.
• Rakyat-focused energy programs, including solar incentives and time-of-use tariffs, help lower electricity bills.

In fact, they say they’re not taking the profitability for granted:

“We understand that Malaysians want fairness and transparency. Our commitment is clear – profits are not taken for granted but returned to the rakyat through better services, stable tariffs and long-term energy security.

When TNB grows, Malaysia prospers. This isn’t just about profits – it’s about ensuring a future where every Malaysian benefits from reliable, sustainable and fairly priced energy.”

– Datuk Ir. Megat Jalaluddin Bin Megat Hassan, TNB President/CEO.

Their strong financial performance allows them to reinvest in national infrastructure, enhance energy efficiency and expand access to affordable, clean energy for homes and businesses.

Speaking of sustainability…

TNB wants to power a greener Malaysia

As Malaysia moves towards a greener future, TNB has taken the lead by:

• Expanding renewable energy investments in solar, hydro and green hydrogen projects.
• Enhancing the national grid for improved efficiency, reliability and integration of green energy.
• Investing in smart energy solutions to empower consumers to manage electricity consumption effectively.

To highlight these initiatives, the electricity bill for 85% of rakyat who receive a subsidy will be labelled green, symbolizing the MADANI government’s vision to protect the people’s wellbeing while focusing on energy sustainability.

“Sustainability is not just a goal – it’s our responsibility to future generations.” 

– Tan Sri Abdul Razak Bin Abdul Majid, TNB Chairman.

TNB lights the way to a future that works for every Malaysian

TNB’s mission is to drive national progress while ensuring every Malaysian benefits from its success.

Through strategic reinvestments, responsible governance and a firm commitment to the rakyat, TNB reiterates that it remains steadfast in its role as Malaysia’s leading energy partner.

“Every light we turn on, every business we empower, every home we energize – this is what nation-building looks like. We are here to serve and brighten Malaysia’s future together.”

– Datuk Ir. Megat Jalaluddin Bin Megat Hassan, TNB President/CEO.