Tenaga Nasional Bhd · MYX:TENAGA
Tenaga Nasional Bhd — Shareholder Meeting (May 2025)
13 slides from Tenaga Nasional Bhd's shareholder meeting presentation, May 22, 2025
Slide 1: Appendix B - 35th Annual General Meeting
APPENDIX B TENAGA “J NASIONAL Petter. Brighter. 35™ ANNUAL GENERAL MEETING TENAGA NASIONAL BERHAD 22 MAY 2025 LEADING THE ENERGY TRANSITION FOR A SUSTAINABLE TOMORROW
Slide 2: Minority Shareholder Watch Group (MSWG) Responses
35th AGM MINORITY SHAREHOLDER WATCH GROUP (MSWG) RESPONSES
Slide 3: MSWG Operational and Financial Matters (1/2)
MSWG Operational and Financial Matters (1/2) 35th AGM 1. In 2024, 18 data centres were commissioned under the Green Lane Pathway, increasing energy demand by 1.9GW. Overall electricity demand led to a 6.5% increase in electricity sales compared to 3.9% in 2023, driving a 6.9% growth in TNB Group’s r
Slide 4: MSWG Operational and Financial Matters (2/2)
MSWG Operational and Financial Matters (2/2) 35th AGM Answer for (b): • As of December 2024, we have secured a total maximum demand of 5.9GW from 38 data centre projects. Out of which, 18 projects at a total maximum demand of 1.9GW is already in the system. • Based on the Electricity Supply Agreemen
Slide 5: MSWG Operational and Financial Matters
MSWG Operational and Financial Matters 35th AGM 2. With a mandate that goes beyond energy, TNB’s Retail Division also develops smart energy solutions tailored to diverse customer segments, from large corporations and Small and Medium Enterprises (SMEs) to micro-businesses and residential users—suppo
Slide 6: MSWG Operational and Financial Matters (1/2)
MSWG Operational and Financial Matters (1/2) 35th AGM 3. Tenaga has also ventured into carbon capture and storage space to help reduce emissions from thermal plants. To this end, it is developing carbon capture technology, with a demo unit now which is at 30% completion at the Jimah East Power Plant
Slide 7: MSWG Operational and Financial Matters (2/2)
MSWG Operational and Financial Matters (2/2) 35th AGM Answer for (b): The development of the 300MW Nenggiri Hydroelectric Project started in 2022 and is progressing well. As of December 2024, we have recorded 41% completion as we strive to meet the scheduled Commercial Operation Date (COD) in Q2 202
Slide 8: MSWG Operational and Financial Matters
MSWG Operational and Financial Matters 35th AGM 4. Regionally, Tenaga is also securing RE supply at the regional level by facilitating trade with neighbouring countries. These include exporting renewable energy to Singapore through Keppel Electric under the LTMS power integration project. Concurrent
Slide 9: MSWG Operational and Financial Matters (1/2)
MSWG Operational and Financial Matters (1/2) 35th AGM 5. Through its own solar arm, GSPARX Sdn Bhd (GSPARX), Tenaga has successfully secured over 500MW of solar capacity across Peninsular Malaysia. Major development includes projects with Sime Darby Property in Elmina and Bandar Bukit Raja with sola
Slide 10: MSWG Operational and Financial Matters (2/2)
MSWG Operational and Financial Matters (2/2) 35th AGM Answer for (b): • Both residential and business customers can sell excess electricity back to the grid under the Net Energy Metering (NEM) scheme, which supports the adoption of solar energy and promotes self-generation. Currently, there are thre
Slide 11: MSWG Sustainability Matters (1/2)
MSWG Sustainability Matters (1/2) 35th AGM 6. To date, TNB currently has 3.3GW of renewable energy in Peninsular Malaysia and 1.1GW abroad, mainly in the UK and Ireland. (page 27 of IAR 2024) (a) What are the respective percentages of renewable energy (RE) to total energy in Peninsular Malaysia and
Slide 12: MSWG Sustainability Matters (2/2)
MSWG Sustainability Matters (2/2) 35th AGM Answer for (c): • Due to abundance of the renewable energy sources in countries we operate, we foresee ample growth opportunities. • However, some challenges may arise in the development of renewable projects: i. Land scarcity and the right location where p
Slide 13: MSWG Sustainability Matters
MSWG Sustainability Matters 35th AGM 7. Biomass as Sustainable Fuel of the Future In 2024, TNB Fuel Services Sdn. Bhd. (TNBF) supplied and delivered 4,305 metric tonnes of biomass in the form of EFB pellets to Tanjung Bin Power Sdn. Bhd., a subsidiary of Malakoff Berhad, as part of the co-firing pro
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