KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is expected to incur about RM46bil in capital expenditure (capex) from financial year ending Aug 31, 2016 (FY16) to FY19 to increase its domestic generation capacity and for maintenance, according to Fitch Ratings.
The rating agency said TNB’s domestic generation capacity was 11.6 GW at end-2015 and the company planned to add 3.4GW of new domestic capacity by December 2019.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!