NETR initiative to benefit power players

CGS-CIMB Research believes the NETR could reignite domestic investments and broader economic development while also reviving interest in the utility sector.

PETALING JAYA: CGS-CIMB Research has retained its “neutral” stance on the utilities sector ahead of the launch of the National Energy Transition Roadmap (NETR) today, acknowledging that the initiative could be beneficial to power players in the industry.

The research firm believes the NETR could reignite domestic investments and broader economic development while also reviving interest in the utility sector, although it is still indifferent towards the prospects of gas companies in the country.