Lighting up lives for

318 Pages·2009·7.98 MB·English

Lighting up lives for
Annual Report 2009
years of nation building
Milestones
1949-2009
years of
Lighting Up Lives
60
Malaysianisation
Soon af ter the count ry ga ined Malaysianisation recorded an important in 12 years instead of the 20 earlier
independence, the Central Electricity chapter when Dato’ Kurnia Jasa Haji planned, when more than 80 expatriate
Board (CEB) which was established on Osman Taib became the first Malayan officers in key positions were replaced
1 September 1949, was among the Chairman of the Central Electricity by qualified Malaysians.
earliest Government institutions to Board in 1960. This was followed by
embrace the nationalistic fervor of the appointment of Raja Tan Sri Zainal
Malaysianisation. Through a well- Raja Sulaiman as the first Malaysian
planned and concerted education General Manager of CEB in 1964.
programme, batches of scholars were
sent to the United Kingdom to further In the following year, CEB was renamed
their studies in well-established British Lembaga Letrik Negara (National
institutions. They were the pioneers Electricity Board or NEB). In 1968,
groomed to take up key professional Malaysianisation of NEB was completed
and technical positions in the Board.
ElECtRiFiCation
Electrification of the nation had started eradicate poverty and elevate the TNB’s rural electrification programme
in earnest since the end of Second standard of living of Malaysians in the gained recognition by the World Bank,
World War. The post-war rubber and rural areas. Power supply to the rural the principal loan provider to the
tin boom posed a big challenge to the areas had played a big role in realising projects. It described CEB as “a well
Central Electricity Board (CEB) to satisfy social equity. It helped bridge the gap run and financially sound state owned
the increasing demand for electricity. between the haves and the have-nots. enterprise” and Malaysia became a
Its top agenda was to build a National It opened up opportunities for farmers rural electrification success story in the
Electricity Grid – a network running the and f i she rmen to leve rage on develop ing wor ld . In a l l , ru ra l
length and breadth of the country mechanisation and automation to electrification succeeded in providing
transmitting power from generation enhance productivity, market penetration electricity to 99% of the rural areas in
plants to customers. and commercialisation. It also boosted Peninsular Malaysia.
large scale plantation agriculture and
After independence, rural electrification agro-industries and made agriculture a
was given priority to serve as a pathway key sector in Malaysia’s economy even
to stimulate national development, today.
years of
Lighting Up Lives
60
inDUstRialisation
Industrialisation programme in Malaysia As the nation progressed, industrial extensive electrical network serves as
was introduced primarily for developing development in Malaysia had taken on one of the major factors in attracting
import substitution industries. In the a more sophisticated dimension foreign investments into Malaysia.
1970s, the focus gradually shifted attracting industries that relied on high It played a key role in ensuring stable
towards promoting labour intensive and technology, knowledge-based, capital and secure electricity supply and light
export-oriented industries. The principal intensive and high value- added the way forward for Malaysia’s push
objectives are to create employment activities. towards industrialization. Electricity
opportunities and to mitigate the infrastructure growth which has been
adverse effects of the volatility of the TNB has directly contributed to regarded as indispensable to economic
prices of our main commodities and Malaysia’s phenomenal industrial development now serves as the impetus
export earnings on the economy. development since industrialisation and stimulus for greater growth and
programme was init iated. TNB’s industrialisation in Malaysia.
PRiVatisation
Privatisation was introduced by the Among the sectors earmarked for privatisation policy. TNB is now one of
Government to pave the way for greater privatisation was the capital intensive the largest companies on Bursa
private sector participation in national electricity sector. The Lembaga Letrik Malaysia and one of the biggest private
development. Apart from facilitating Negara (National Electricity Board) was employers with about 25,000 workers.
economic growth, privatisation also corporatised as Tenaga Nasional Berhad For its stellar performance, TNB was
aims at reducing the financial and (TNB) in 1990 and listed on the Kuala ranked one of the Top Three Employers
administration burden of the Government, Lumpur Stock Exchange in 1992. in ASEAN. In 2008, TNB entered the
reduce the Government’s presence in Platts 250 list as one of the best energy
the economy, lower public spending Driven by the spirit of entrepreneurship companies in the world. TNB was also
and improve efficiency and productivity. and competitiveness, TNB forged ahead ranked No. 575 in 2008 from 681 the
as a privatised body and has since year before in Forbes Global 2000 list
been recognised as one prime example of the world’s largest and most
of success of the Government’s successful companies.
years of
Lighting Up Lives
60
DiVERsiFiCation
Apart from its expertise in the core high voltage and gas insulated wholly-owned subsidiary, Universiti
businesses of generation, transmission switchgears, circuit breakers and Tenaga Nasional Sdn Bhd. (UNITEN)
and distribution of electricity, TNB has disconnectors. It also provides services which offers courses in engineering,
also diversified its portfolio by venturing and consultancy in managing and information technology, business
into manufacturing, services and developing projects in district cooling management and accounting.
consultancy and education. systems, co-generation and building
energy management, small renewal
TNB through its various subsidiaries power as well as repair and maintenance
produced a wide range of energy services for power plant equipment.
sector-related products such as
distribution system transformers, power TNB joined the ranks of other education
cables, optical ground wires, low providers in developing well-qualified
voltage general cables, conductors, human capital for the nation through its