Wider electricity bill protection, RM15b National Grid investment will benefit households, says TNB

KUALA LUMPUR, October 10 — Tenaga Nasional Berhad (TNB) has expressed approval for the RM15 billion investment allocated to strengthen the National Grid within the 2027 Budget, alongside initiatives aimed at safeguarding domestic electricity consumers and enhancing energy security. In a recent announcement, TNB highlighted that this investment is part of its RM43 billion programme spanning 2025 to 2027, which is dedicated to modernising Malaysia's electricity infrastructure to meet increasing demand.

Speaking on the matter, TNB's president and chief executive officer, Datuk Seri Shamsul Ahmad, emphasised the company's commitment to collaborating closely with the government and other stakeholders to ensure that the development of the nation's energy system ultimately benefits the people, promotes economic growth, and contributes to a more sustainable future for upcoming generations.

TNB also supported the government's decision to extend electricity bill protection to households using up to 800 kilowatt-hours (kWh) of electricity per month, up from the previous limit of 600 kWh, until the end of the year. This move is anticipated to assist more than eight million households, which accounts for up to 90 percent of all domestic electricity users.

The utility company indicated that it would further cooperate with the government to expedite rural electrification projects, encompassing enhancements to electricity provision in Orang Asli settlements, tahfiz and pondok schools.

Additionally, TNB reaffirmed its dedication to expanding renewable energy capacity and supporting Malaysia's objective of achieving a 70 percent share of renewable energy in the installed electricity generation capacity by the year 2050.