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PNB to install 59 EV chargers by year-end

10 Apr 2023, 2:53 AM
PNB to install 59 EV chargers by year-end

KOTA BHARU, April 10 — Permodalan Nasional Bhd (PNB), in collaboration with Gentari Sdn Bhd (Gentari), will be installing 59 electric vehicle (EV) charging units involving 18 properties under the PNB group by year-end.

PNB's Chief Investment Officer, Private and Strategic Investments, Rick Ramli said the EV chargers would be located in various locations, including offices, hotels and resorts, golf clubs and shopping centres.

“This initiative is in line with the commitment to PNB’s Sustainability Framework in driving our decarbonisation efforts in our portfolio, as well as to support the EV ecosystem under the government’s Low Carbon Mobility Blueprint 2021-2030,” he said to reporters after the launch of the EV chargers here yesterday.

Meanwhile, Gentari Green Mobility chief operating officer, Haikal Zubir said the company was pleased to work with PNB, as both parties share the same vision in the journey towards green mobility.

“Through this collaboration, Gentari will provide the necessary infrastructure at PNB’s properties to support the needs of EV drivers, at the same time marking the expansion of our EV charging infrastructure footprint to the East Coast states which will increase interstate driving confidence,” he said.

PNB launched its Sustainability Framework on April 21, 2022, outlining 10 commitments for its own operations as well as its investments under the environmental, social and corporate governance (ESG) thrusts.

The framework will help PNB to maintain its focus in the changing global investment landscape, in addition to its achieving its target to become a net zero enterprise by 2025 together with its investment arms.

— Bernama

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