TNB’s allowable return under RP4 remained at 7.3%, while the total allowable capital expenditure surged to RM42.9bil.
PETALING JAYA: Malaysia’s utilities sector is expected to maintain its resilience in the second half of 2025, underpinned by favourable regulatory frameworks, increasing capital expenditure and surging demand from data centre (DC) developments.
According to Hong Leong Investment Bank (HLIB) Research, the continuation of regulatory asset base (RAB) mechanisms and a stronger earnings outlook amid stable fuel prices and currency movements bode well for the sector’s stability.
