Malaysia to spend RM43 bil on grid upgrades to support clean energy, says Anwar

Prime Minister Datuk Seri Anwar Ibrahim said that the country’s utility company Tenaga Nasional Bhd (KL:TENAGA) has committed RM43 billion to upgrade the national power grid. This upgrade will help handle growing energy demand and support renewable energy by using advanced technologies like artificial intelligence (AI) and battery storage systems. The goal is to make Malaysia’s energy system more resilient and flexible for the future.

In his keynote address during the second edition of the Energy Asia conference here on Monday, Anwar emphasised the importance of regional energy connections through the Asean Power Grid (APG), which was a key topic at the recent Asean Summit. He said energy links between countries are vital not just for trade and diplomacy but also for economic growth.