Energy

High demand for power charges up sector

RHB Research said power demand hit a new peak of 20,028MW in April.

PETALING JAYA: The utilities sector will remain buoyed by healthy demand of electricity in the country, according to RHB Research.

The research house had an “overweight” rating on the sector as demand for electricity should “stay fairly resilient in 2024”, driven by data centres.

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MalaysiaUtilities , ElectricityDemand , DataCentres , RenewableEnergy , SolarPower , GreenEnergy , TNB , , SustainableGrowth

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