KUALA LUMPUR, Oct 9 (Bernama) -- Tenaga Nasional Bhd’s (TNB) RM15 billion investment in the national grid announced in Budget 2027 today addresses a critical priority and need for the infrastructure to support reliable power and industrial expansion, said Solarvest Holdings Bhd.
Business : TNB's RM15 Bln Grid Investment To Support Power Reliability, Industrial Growth -- Solarvest
MPRC, Solarvest, OGSE, energy, solar, Budget 2027
Key takeaways
TNB will invest RM15 billion in the national grid to improve power reliability and support industrial growth, according to Solarvest.
- TNB's RM15 billion grid investment aims to meet rising electricity demand and support industrial expansion.
- Solarvest will collaborate with TNB on smart grids and battery storage to enhance energy management.
- The investment supports clean energy adoption in key economic areas like semiconductors and AI data centres.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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Related reporting
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- Bernama Business : TNB's RM15 Bln Grid Investment To Support Power Reliability, Industrial Growth -- Solarvest (this story)