Will government prepare to loosen TNB’s monopoly on energy, asked Selangor MB

by HIDAYATH HISHAM / pic TMR FILE

DATUK Seri Amirudin Shari (PH-Gombak) raised concerns over Malaysia’s energy monopoly during his budget debate speech in parliament as the country’s adopted the new National New Renewable Energy Roadmap (NREP)

While admitting support to the government’s NERP policies and usage of new energy he asked if the government is prepared to open up the energy sector to allow more companies to participate rather than just the Tenaga Nasional Berhad (TNB).

“Is the Government prepared to loosen the energy monopoly so that other companies can join in accelerating the energy transition plan so that they do not have to be completely dependent and burden TNB?,” he remarked during his 2024 Budget Speech.

The Selangor Menteri Besar  also called for greater coordination between federal and state agencies to ensure the smooth implementation of Malaysia’s energy transition policies.

“I would also like to suggest that the Energy Use and Transition Committee be formed by the Ministry of Energy and Transport and invite the Chief Ministers and Chief Ministers to be involved and discussed,” he said.

Amirudin said such joint committees can take a consultative approach and avoid a one-way, top-down process on energy matters.

He reiterated Selangor’s support for renewable energy, but stressed that successful implementation requires strong federal-state teamwork and coordination.