What investments is TNB planning for its network by 2024?

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TNB Outlines Capital Investment Plans and Workforce Development Towards 2024

Tenaga Nasional Bhd (TNB) has briefed stakeholders on its capital investment plan spanning 2022 to 2024, during which efforts to strengthen the nation's electricity supply and enhance services were discussed. The company also outlined its commitment to significant workforce development, aiming to train over 15,000 individuals by 2024 through comprehensive reskilling and upskilling initiatives.
Network Modernisation and Capital Investment

During a working visit to TNB's headquarters, the Energy and Natural Resources Minister received a briefing on the modernisation of TNB's distribution network system. This modernisation is designed to align with the needs of the populace and is part of TNB's broader capital investment plan projected from 2022 to 2024. While the specific financial details or scope of network-related investments within this plan were not elaborated upon, the focus is on improving the infrastructure that underpins the country's electricity supply.
Enhancing Electricity Supply Quality

A key objective discussed during the visit was TNB's ongoing strategy to improve the quality of electricity supply and reduce the System Average Interruption Duration Index (SAIDI). The Minister acknowledged TNB's achievement in consistently dropping peninsula SAIDI below the 60-minute mark since 2014, reaching 44.95 minutes in the preceding year. Despite this positive trend, TNB has been urged to continue its efforts to further reduce this interruption duration, a metric considered among the lowest in Southeast Asia and some developing nations.
Workforce Reskilling and Upskilling

In parallel with infrastructure development, TNB is placing a strong emphasis on its human capital. The company plans to implement extensive retraining programmes aimed at reskilling and upskilling its workforce. By 2024, TNB aims to have trained more than 15,000 individuals through these initiatives. This extensive training program is intended to equip employees with the necessary expertise to meet the evolving demands of the energy supply industry, thereby supporting the government's planned programmes and TNB's operational goals.

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What investments is TNB planning for its network by 2024?

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