TNB delivers operational excellence while strengthening its impact on communities

Tenaga Nasional Berhad (TNB) delivered a stable operational performance for the first quarter ended March 31, 2025 (Q1 2025), reinforcing its commitment to powering Malaysia’s energy future and advancing rakyat-centric development.

The group’s Q1 2025 performance reflected stable and sustained electricity demand, supported by ongoing domestic economic growth.

Consumption from the commercial sectors grew by 5.1% largely driven by the rise of energy-intensive industries such as data centres.

As Malaysia advances its ambition to become a regional digital hub, TNB continues to power critical infrastructure for the sector. As of first quarter 2025, the group had energised 21 data centres and secured 43 supply agreements, with a total committed load of around 6.4GW, reinforcing its role as a key enabler of the nation’s digital andindustrial transformation.

Additionally, the appreciation of the ringgit against US dollar, from RM4.73 in March 2024 to RM4.44 in March 2025 helped ease pressure on fuel and capital expenditures, with forex gains turning positive due to the stronger currency. This further supported TNB’s financial resilience.

"TNB’s focus remains firmly on sustaining stable performance while creating long-term value for shareholders," said TNB president and CEO, Megat Jalaluddin Megat Hassan.

"Through prudent cost management, reliable service delivery and a clear commitment to nation-building, we continue to provide consistent value despite ongoing global challenges."

Expanding international RE footprint

Complementing its domestic efforts, TNB expanded its international renewables portfolio with the development of its first solar greenfield project in Eastfields and Bunkers Hill, United Kingdom, slated to be commissioned in the second quarter of 2025. 

These projects are part of TNB’s long-term strategy to secure foreign-denominated returns while supporting global energy transition goals.

The returns and insights from these international ventures contribute to TNB’s financial strength and energy transition efforts at home. This global-local synergy ensures that TNB’s international success continues to translate into national benefit.

Building a resilient, inclusive energy ecosystem

Building on these progress, TNB’s Q1 performance reflects focused execution across its operational priorities while ensuring that growth is inclusive and aligned with national aspirations.

"Our financial strength is not an end in itself; it is the means through which we create meaningful impact for the rakyat," said Megat Jalaluddin.

"As we modernise the grid and expand our renewable energy portfolio, we are equally focused on ensuring that no community is left behind. This is the essence of our purpose: delivering progress that uplifts all Malaysians."

TNB remains committed to delivering long-term value by balancing operational excellence with purposeful nation-building.

Empowering communities through strategic giving

TNB aims to drive progress with positive social impact to the community by allocating 1% of our profit after tax (PAT) towards community development in social, education, environmental and sports. 

In Q1 2025 alone, TNB channelled more than RM45 million to support rakyat-centric initiatives across the country. 

“Beyond powering the nation, TNB remains deeply committed to empowering future generations through education. Our programmes reflect a long-term investment in the communities we serve, ensuring no child is left behind in Malaysia’s journey toward a more inclusive, knowledge-based economy,” said TNB chairman Abdul Razak Abdul Majid.

These strategic investments address broader societal needs, including:

Sekolah Angkat programme expanded to 50 schools

As part of its long-term community development strategy, TNB significantly expanded its Sekolah Angkat TNB programme to cover 50 schools nationwide, compared to 36 previously.

With an investment of about RM2.3 million, the programme delivers tailored interventions across academic support, digital learning, infrastructure upgrades and co-curricular development, including:

These sustained efforts reflect TNB’s commitment to building a future-ready Malaysia where progress is powered not only by reliable and sustainable energy, but also by inclusive opportunities that uplift communities, empower future generations and strengthen the nation’s social fabric. 

Through its continued focus on operational excellence and purposeful investments, TNB remains dedicated to delivering impact that reaches beyond the grid.