KUALA LUMPUR: Tenaga Nasional Berhad (TNB) is to take over 1Malaysia Development Berhad’s (1MDB) Project 3B power plant, said Energy, Green Technology and Water Minister Datuk Seri Maximus Ongkili.
He said the Cabinet had approved the deal, which will involved TNB taking over 70% stake held by 1MDB's energy arm, Edra Global Energy Bhd.
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