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HONG KONG: China is creating the world’s largest power company.
KUALA LUMPUR: Malakoff Corporation Bhd's Tanjung Bin energy power plant was unaffected despite a fire had occurred on Monday morning which involved the conveyor belt carrying coal.
MIRI: Power supply to 50,000 people in Batu Niah and its surroundings is expected to be stable once the Batu Niah and Bunut substations are completed.
KUALA LUMPUR and SYDNEY: Over the last four decades, growing concentration of market power in the hands of oligopolies, if not monopolies, has been greatly enabled by ostensibly neo-liberal reforms, worsening wealth concentration and gross inequalities in the world.
PETALING JAYA: Petronas Gas Bhd (PetGas) posted a marginal increase in net profit to RM1.81bil for its financial year 2018 ended Dec 31 (FY18), weighed down by a share of losses from joint-venture company Kimanis Power Sdn Bhd (KPSB).
KUALA LUMPUR: Shares of Power Root Bhd jumped in early trade Monday as coverage was initiated on the company with an “Add” rating by CIMB Equities Research.
IPOH (Bernama): A former officer of Felcra Urus Estet Changkat Jong, near Teluk Intan here, has been remanded for four days from Friday (April 5) to aid investigations into alleged abuse of power involving 13 lots of land between 2007 and 2018.
TOKYO: Hitachi Ltd and ABB will announce on Monday a plan for the Japanese conglomerate to buy the Swiss engineering group's power grid business for up to $7 billion, the Nikkei business daily reported.