Chairman Leo Moggie says half of TNB's procurements have been awarded to local vendors.
Small and medium enterprises have benefited from TNB’s vendor development programme, says its chairman.
The massive shot in the arm for the domestic economy comes in the form of contracts awarded to vendors, including small and medium enterprises.“Some of them have progressed and are able to market their products abroad,” he told Bernama.Moggie said TNB has also played a key role in human capital development since its establishment in 1951, when it was known as the Central Electricity Board.
“From that beginning until now, we have maintained provision of scholarships and educational support as one of the major corporate social responsibility components of TNB,” he said. Moggie said in addition to the scholarships, TNB has introduced the MyBetterFuture scholarship programme that targets the low-income or B40 group.
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