RHB Research said TNB should also continue to benefit from the continuous upgrades in transmission and distribution assets.
PETALING JAYA: Analysts are mixed on Tenaga Nasional Bhd
(TNB) following a technical visit to its Chenderoh hydropower plant in Perak.
RHB Research said it has better clarity over the potential of the 2.5GW hybrid hydro-floating solar photovoltaic (HHFS) flagship project under the National Energy Transition Roadmap (NETR) and sees continuous stable returns from hydropower plants following the implementation of the hydro life extension programme (HLEP).
