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Business Premium

Tadmax shakes off power plant blues

TADMAX Resources Bhd, a company primarily involved in property development and dogged by uncertainties in its venture into power generation, is seeing some light.

Business Premium

ICPT: An electrifying issue

How will the government deal with rising energy prices?

Business

MARC affirms rating on TNB unit’s RM4bil sukuk

KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has affirmed its AAAIS rating on TNB Western Energy Bhd’s sukuk of up to RM4bil with a “stable” outlook.

Business

MARC affirms rating on TNB Western Energy's RM4b sukuk

KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has affirmed its AAAIS rating on TNB Western Energy Bhd’s Sukuk of up to RM4bil with a stable outlook.

Business

Maybank IB Research upgrades TNB to ‘buy’

PETALING JAYA: Maybank IB Research has upgraded its call on Tenaga Nasional Bhd (TNB) from “hold” to “buy”, citing improved earnings stability for the power company.

Business Premium

Higher debt, palatable gearing

DEBT is an essential part of any business. All companies should have some amount of debt to help finance its growth and investments for the longer term. It is an efficient way of managing the balance sheet.

World

Greenpeace may halve India staff after donations row

NEW DELHI (Reuters) - Environmental group Greenpeace said on Wednesday it could halve its workforce in India to 30 early next year due to a block on its bank account after accusations of illegal donations.

World

French power vendors mull challenging government's tariffs freeze

PARIS (Reuters) - French independent power producers association ANODE said on Tuesday it would consider mounting a legal challenge against the government's planned freeze of state-owned utility EDF's regulated electricity tariffs.

Business

RAM Ratings revises Sarawak Power Generation outlook to positive

KUALA LUMPUR: RAM Ratings has revised the outlook on the AA2(s) rating of Sarawak Power Generation Sdn Bhd’s (SPG) RM215mil Sukuk Musharakah (2006/2021) to positive from stable.

Nation

Four IPPs switched off

KUALA LUMPUR: The termination of four Independent Power Producers (IPPs) will save the government and consumers RM1.26bil in electricity tariffs said Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.