Categories: BusinessNews

TNB supports Malaysia’s human capital development


TENAGA Nasional Bhd (TNB) through Yayasan Tenaga Nasional (YTN) has awarded scholarships to 93 students valued at RM35 million for the September 2021 intake.

The group said 20 of the beneficiaries will pursue their degree in electrical power engineering, accounting, finance, and data science and analytics abroad while 73 students will further their studies in civil engineering, mechanical engineering, computer science, business and accounting at Universiti Tenaga Nasional.

TNB has allocated scholarships of about RM1 million for overseas courses and between RM120,000 and RM140,000 for local courses.

Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan said the initiative is a manifestation of TNB’s close relationship to the people and deemed it very helpful in supporting the government to improve Malaysians’ quality of life, especially students from the lower income group (B40).

“I understand that TNB through YTN has contributed RM426 million in the Regulatory Period 2 from 2018 to July 2021 for scholarships, convertible loans and the My Brighter Future (MyBF) Bursary.

“On behalf of the government, I am truly grateful to TNB for supporting the government to improve the quality of life of the rakyat, especially as the country is still reeling from the Covid-19 pandemic,” he said in a statement yesterday.

Since its establishment in 1993, TNB has contributed over RM1.2 billion in the form of MyBF Bursary (RM66 million), scholarships (RM597 million) and convertible loans (RM547 million) to more than 18,500 students.

TNB president and CEO Datuk Baharin Din said the group believed with education, the potential of human capital would be polished further and in turn will contribute to improve the living standards of the people, as well as giving rise to the development of the country.

“We are committed to help the government to increase the development of quality human capital for the country’s growth as we believe education is the key factor that can transform the lives of the community, hence our commitment to continue to re-engineer the society through education,” he said.


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