Tenaga Nasional Bhd · MYX:TENAGA
Tenaga Nasional Bhd — Investor Presentation (August 2024)
17 slides from Tenaga Nasional Bhd's investor presentation, August 2024
Slide 1: Tenaga Nasional Berhad Presentation to Investors
TENAGA NASIONAL BERHAD PRESENTATION TO INVESTORS Investor Relations Group Finance Division August 2024
Slide 2: Overview Corporate Profile
Overview Corporate Profile TNB is the largest electricity utility company in Malaysia and at the forefront of the country’s energy transition Our Presence in Peninsular Malaysia Holds 52% of Domestic Generation Capacity Sabah Electricity Sdn Bhd (SESB) (83% owned by TNB) Our grid network & retail bu
Slide 3: International Portfolio
Overview Corporate Profile We are also a global player as we strive to future proof our business by expanding our RE footprint and establishing strategic partnerships with leading RE players INTERNATIONAL PORTFOLIO 2021 • Equity stake: 100% 2005 • Capacity: • Operation & Management Services: • Equit
Slide 4: Composition of BOD
Overview Composition of BOD EXECUTIVE DIRECTOR / PRESIDENT / CEO CHAIRMAN DATUK IR. MEGAT JALALUDDIN BIN TAN SRI ABDUL RAZAK BIN ABDUL MAJID MEGAT HASSAN Senior Independent Non-Executive Director Independent Non-Executive Directors Non-Independent Non-Executive Directors ONG AI LIN GOPALA KRISHNAN J
Slide 5: Results at a Glance: Technical Performance
Results at a Glance Technical Performance Overview Group earnings supported by; i. Improved generation performance ii. World-class network performance Equivalent Plant Availability Factor, EAF (Generation) 1HFY2024 78.7% % Improved overall performance by power plants 2024 Target: 78.6% System Minute
Slide 6: Dividend Policy
Dividend Dividend Our resilient performance enables us to continue rewarding shareholders with commendable interim dividend payouts while maintaining a prudent capital structure 58.5% 52.8% 55.2% 66.6% 56.7% 7.5% 7.7% DIVIDEND POLICY 4.3% 4.8% We will continue to honour our dividend 1.8%* policy of
Slide 7: Regulated Business
Regulatory Regulated Business Our regulated business is governed by the Incentive-Based Regulation (IBR) framework which provides stable returns to the Group while ensuring a more efficient energy sector The IBR mechanism provides: Governed under PPA/SLA/REPPA • Clear and transparent regulatory fram
Slide 8: IBR Regulatory Period (RP3) Parameters
Regulatory IBR Regulatory Period 3 (RP3) Parameters 2024 is the final year for RP3 while we seek for a fair outcome for RP4 (2025-2027) RP3 determination (2022 -2024) Base Tariff sen/kWh Base Tariff, 39.95 Regulated 38.53 39.45 12.40 39.45 39.95 Upward trend of RBE tariffs since sen/kWh RP2: 39.45 B
Slide 9: Imbalance Cost Pass-Through (ICPT) Mechanism
Regulatory Imbalance Cost Pass-Through (ICPT) Mechanism Regulatory certainty; the Government has successfully managed the impact of fuel prices volatility for the past 20 ICPT cycles since 2015 with the highest ICPT cost recovery in FY2023 RP1 RP2 RP2 Extension RP3 (2015 – 2017) (2018 – 2020) (Jan 2
Slide 10: TNB's Energy Transition Plan: Net Zero & Coal Free by 2050
TNB’s Energy Transition Plan Net Zero & Coal Free by 2050 Our journey towards Net Zero 2050 Aspiration will bring positive business growth and enhance value to our shareholders, as well as support the nation’s aspiration Net Zero 2050 Aspiration Our Target for 2025 Our Commitment to 2035 Our Aspirat
Slide 11: Three Key Levers: Decarbonisation, Digitalisation & Electrification
TNB’s Energy Transition Plan Three (3) Key Levers: Decarbonisation, Digitalisation & Electrification Our Energy Transition Plan cuts across the electricity supply value chain, anchoring on three (3) key levers: Decarbonisation, Digitalisation & Electrification Deliver Clean Generation Develop Energy
Slide 12: Peninsular Malaysia Generation Mix
TNB’s Energy Transition Plan Peninsular Malaysia Generation Mix The nation's current generation mix reflects the diversification required for security of supply, and will continue to shift as we take a responsible approach towards energy transition Peninsular Malaysia Generation Mix (%) Forecast Sce
Slide 13: Our growth story supports our ET agenda
TNB’s Energy Transition Plan Our growth story supports our ET agenda TNB’s fast-track sustainability agenda will bring major shifts across the value chain, ensuring business growth while meeting our ESG commitment Develop Energy Dynamic Energy Deliver Clean Generation Transition Network Solutions En
Slide 14: Group Investment Pathway
TNB’s Energy Transition Plan Group Investment Pathway will require investment of RM10-20 bil yearly over the next 30 years Indicative TNB CAPEX3 (RM bil) Legend 5-Year Gearing (%) Green hydrogen hub Decarbonisationtrailblazer Decarbonization trailblazer(new (newgreen tech)1 1 greentech) 60 53.7 55.0
Slide 15: National Energy Transition Roadmap
National Energy Transition Roadmap Capitalising on high-value green economy The National Energy Transition Roadmap (NETR) aims to shift Malaysia from a traditional fossil fuel-based economy to a high-value green economy NETR Part 1 Responsible Transition (RT) Pathway 2050 (6 energy transition levers
Slide 16: RE Portfolio
Outlook RE Portfolio We remain resolute in delivering our RE target capacity of 14.3GW by 2050 RE portfolio Champion for 3 flagship catalyst projects 4.3GW as at June 2024 Establishment of Large-Scale Solar Parks over 5 sites, each with 100MW capacity, 2,700MW Development of Hybrid Hydro-Floating So
Slide 17: Investor Relations
INVESTOR RELATIONS IR OFFICERS: GROUP FINANCE DIVISION Tenaga Nasional Berhad Sarah Keok Level 12, Tower A, TNB Platinum [email protected] No. 3, Jalan Bukit Pantai, Bangsar Hasniza Harun 59100 Kuala Lumpur [email protected] Tel : +603 2108 2128 Intan Nur Najihah Basiron Fax : +603 2108 2034 najiha
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