1MDB’s power woes

  • Business
  • Wednesday, 04 Mar 2015

Azman (second from left), TNB chairman Tan Sri Leo Moggie (fourth from left), Deputy Energy, Green Technology and Water Minister Datuk Seri Mahdzir Khalid (middle) at TNB

KUALA LUMPUR: The fate of the controversial 3B power plant project that was awarded to 1Malaysia Development Bhd (1MDB) would be known next week.

The project that was supposed to be commissioned in stages beginning Oct 1, 2018 is bogged down by delays and so far there has not been any news of its financing being firmed up.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , TNB , Energy Commission , 1MDB , power , woes , stocks , shares , klci , klse ,


Next In Business News

Wall St set to open higher on tentative debt ceiling deal; Nvidia jumps
Pestech International bags US$81.77mil contract from Iraq
Govt to work with business leaders to drive economic growth
KPJ 1Q net profit jumps to RM51.9mil
Maybank launches cross-border QR payment service
EP Manufacturing’s 1Q net profit jumps eight-fold
MyEG posts 1Q net profit of RM105.94mil
IHH Healthcare to pay 9.6 sen special dividend on June 30, following IMU divestment
Vestland's unit bags RM170mil design, build contract
CAB Cakaran reports over 4-fold profit jump in 2Q

Others Also Read