TNB Snapshot
Tenaga Nasional Berhad (TNB) keeps away malaise as it electrifies Malaysia. The largest power company in Southeast Asia, TNB generates two-thirds of the electricity on the Malaysian Peninsula. The company has a generating capacity of more than 11,940 MW; it also operates the national power transmission and distribution grid, which serves more than 7 million residential, industrial, and commercial customers. A host of subsidiaries support TNB's business; they include power equipment manufacturing, engineering, and real estate companies. Although Malaysia's power industry is undergoing deregulation, TNB has successfully resisted efforts to split up the company, which is 38%-owned by Khazanah Nasional Berhad.