Tenaga Nasional Bhd
(TNB) expects to present a plan in the second quarter next year on how it will reduce its debts of RM32.5bil and bring down its gearing level from nearly two times to 1.5 times within five years.
The company has engaged Bina Fikir Sdn Bhd and Australia’s ACIL Tasman Ltd to undertake a 20-year cash-flow study and performance evaluation to help it achieve the objective.
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