Tenaga Nasional Berhad (TNB) is the largest electricity utility in Malaysia and a leading utility company in Asia with an international presence in United Kingdom, Kuwait, Turkey, Saudi Arabia, Pakistan, India and Indonesia. TNB is proactively getting ready for the immense changes in the energy industry to cope with global energy transition and demands.
Since 2016, TNB has been preparing for these changes through Reimagining TNB with corporate restructuring as one of the key enablers to strengthen its position and prepare for the future.
On 29th July 2019, TNB announced that its Generation and Retail businesses will be TNB wholly owned subsidiaries namely, TNB Power Generation Sdn Bhd (TNB Genco) and TNB Retail Sdn Bhd.
Since then, tremendous efforts have been geared towards Day 1 on 1st July 2020.
On 1st July 2020, Energy Venture Division, Generation Division, TNB Repair & Maintenance Sdn Bhd and Integrax Sdn Bhd merged into a single entity named Power Generation Division (PGD). The formation was an interim period before the incorporation of a new subsidiary company, TNB Power Generation Sdn Bhd (TNB Genco).
On 1st October 2020, TNB Genco has officially become a subsidiary of Tenaga Nasional Berhad.