TNB in the spotlight on looming market reforms
Going strong: TNB is expected to be a strong competitor if the retail segment is opened up due to its size and balance sheet.
PETALING JAYA: The potential opening up of the power sector’s retail space will give consumers more options to buy their electricity from, but it is likely to have limited earnings impact on Tenaga Nasional Bhd 
(TNB).
TNB, which has come under the spotlight due to looming regulatory changes, is currently Peninsular Malaysia’s only retail electricity provider.
According to UOB Kay Hian, the liberalisation of the retail market would not hurt TNB, as it earns around 2% (0.96 sen/kWh of base electricity tariff of 39.45 sen/kWh) of revenue from the retail market.
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