Tenaga Nasional Berhad (TNB) has completed the divestment of a 100% stake in its wholly-owned subsidiary, TNB Power Daharki Ltd (TPD), which in turn owns a 100% stake in TNB Liberty Power Limited (LPL), to AsiaPak Investments Limited (AsiaPak).
The transaction has a total consideration of US$54.5 million. TPD is the holding company of LPL, which owns and operates a 235 MW combined-cycle gas turbine power plant located in Sindh province. The plant was commissioned in 2001, with a power purchase agreement expiring in September 2026.