The utility firm says consumption from the commercial sectors grew by 5.1%, largely driven by the rise in energy-intensive industries such as data centres.
In a statement, TNB said consumption from the commercial sectors grew by 5.1%, largely driven by the rise in energy-intensive industries such as data centres.
“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 and industrial transformation,” it said.
TNB president and CEO Megat Jalaluddin Megat Hassan said the firm was strongly focused on sustaining stable performance while creating long-term value for shareholders.
“Through prudent cost management, reliable service delivery and a clear commitment to nation-building, we continue to provide consistent value despite ongoing global challenges,” he said.
The statement also said the appreciation of the ringgit against the 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.
Expanding international renewable energy footprint
The utility firm has 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.”
Giving back by empowering communities
In line with TNB’s aim to drive a positive and meaningful impact on the community, the utility firm allocated 1% of its profit after tax to programmes focused on social development, education, the environment and sports. In Q1 2025 alone, TNB channelled more than RM45 million to support rakyat-centric initiatives across the country.
“Our programmes reflect a long-term investment in the communities we serve, ensuring no child is left behind in Malaysia’s journey towards a more inclusive, knowledge-based economy,” TNB chairman Abdul Razak Abdul Majid said.
A significant portion of TNB’s contribution – RM36 million – channelled through Universiti Tenaga Nasional and Yayasan Tenaga Nasional sponsorship, has benefited more than 20,000 students nationwide.
The firm provided RM1 million for its back-to-school support programme “Ceria ke Sekolah” in 40 locations to help 8,000 underprivileged children, and RM1.5 million during Ramadan as food aid and for community events and religious programmes benefiting over 50,000 people.
TNB also disbursed almost RM4 million to over 14,000 asnaf recipients, covering Projek Baiti Jannati, house repairs and rewiring, support for the poor and other causes, including mosque and surau upgrades, education centre support, and more.
TNB allocated nearly RM300,000 for healthcare, including medical equipment for Hospital Rehabilitasi Cheras and Hospital Pakar Universiti Sains Malaysia, patient support at Hospital Sultan Zainal Abidin and cancer support initiatives by Pertubuhan Prihatin dan Sokongan Kanser Wanita and for World Cancer Day 2025.
It also contributed more than RM300,000 to assist more than 2,000 individuals affected by floods and storms across several states.
More than 1,200 Orang Asli individuals in Royal Belum and Slim River, Perak, have also benefited from RM110,000 in targeted aid from TNB.
For sports, TNB allocated over RM2.1 million to support hockey development, reaching over 5,000 individuals, through contributions to the Malaysian Hockey Confederation, as well as funding for training, clinics, equipment and more.
Additionally, the utility firm expanded its “Sekolah Angkat TNB” programme to cover 50 schools nationwide, up from the 36 previously, with an investment of about RM2.3 million. - FMT
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