[%gxFP%] I think a whole range of supply chain players stand to benefit from TNB's capex spending. 

Cable manufacturers [%dHLn%] 
power transmission and Substation works [%Fwlq%] [%dgEG%] pestech Jtgroup Hegroup pwrwell
Transformers [%RKZC%] 

and a few others that slip my mind.

It's a huge capex, and many people are eyeing for a slice of the pie. 

Same kind of scenario as how Petronas also plans to spend capex, and many of the O&G supply chain players are getting excited.

Of course, while I expect most of them to benefit in some way, the extent at which each player can benefit  is up for further due diligence.

@amandayapsy I think a whole range of supply chain players stand to benefit from TNB's capex spending. 

Cable manufacturers $KLSE-SCGBHD 
power transmission and Substation works $KLSE-MNHLDG $KLSE-EITA pestech Jtgroup Hegroup pwrwell
Transformers $KLSE-SUCCESS 

and a few others that slip my mind.

It's a huge capex, and many people are eyeing for a slice of the pie. 

Same kind of scenario as how Petronas also plans to spend capex, and many of the O&G supply chain players are getting excited.

Of course, while I expect most of them to benefit in some way, the extent at which each player can benefit  is up for further due diligence.

$SUCCESS / 7207 (SUCCESS TRANSFORMER CORPORATION BERHAD)

$SCGBHD / 0225 (SOUTHERN CABLE GROUP BERHAD)

$KLSE-TENAGA - To Invest RM90 Billion for Grid in Next Six Years

Tenaga Nasional Bhd (TNB) plans to invest RM90 billion over the next six years for its grid infrastructure (40% will be channelled towards energy transition-related capital expenditure).

At the Energy Transition Conference 2023, CEO Datuk Baharin Din said it is a key priority of the national utility company to “strengthen our Asean interconnection” to facilitate its net zero emissions goal.

Taking cues from more mature markets, Baharin points out that the grid is potentially becoming a bottleneck that is delaying the scale-up of renewables. Therefore, he hopes for Malaysia to build this grid infrastructure early so that it will not become a bottleneck in the adoption of more RE.

This interconnection will enable Malaysia to achieve better RE ambition, support system security, enhanced energy efficiency through smart and digital technologies, broader adoption of solar, and open up the gateway to over US$6.3 trillion of new investments by 2050.

This is in line with the national plan to allow RE exports to neighbouring countries. Development of a flexible cross-border grid is one of TNB’s three objectives in its 2050 Energy Transmission pathway, aside from decarbonisation of its power generation segment and the empowerment of its prosumers and cross-sector electrification.

However, challenges in figuring out the technology, policies and funding required to accelerate this transition are expected to arise. To face them, it would require cross-sector and cross-border solutions.

[$KLSE-JTGROUP would likely be a prime beneficiary as TNB is one of Jati's major customers.]


Sources:
https://theedgemalaysia.com/node/680645
https://theedgemalaysia.com/node/680024