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POWER Root Bhd (code:7237) saw two consecutive days of share price increases over Wednesday and Thursday to put it on more bullish footing.
NEW YORK: Last March, executives at General Electric Co's power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power's revenue and profit would rise.
A plan for the sale of the car-rating business J.D. Power was a month old when the seller, New York-based information giant S&P Global Inc. grew uneasy. It wasn’t quite sure to whom it had agreed to sell the company.
CAIRO (Bloomberg) -- Egypt is considering offers from a Blackstone Group unit and Edra Power Holdings Sdn Bhd to take over three power plants co-built by Siemens AG -- a move that could cut the North African nation’s debts while bringing in much-needed foreign investment.
KUALA LUMPUR: Due to adequate reserve margin at 30 per cent and flat economic fundamentals, the power sector does not see much growth in 2018 even though the distribution side is still keeping pace with supply connections to new areas and new demands.
MIRI: Sarawak Energy Bhd (SEB) says it has restored power to 11 out of 12 villages that were hit by a solar-power outage in northern Sarawak.
TOKYO (Reuters) - Japan is racing to secure power supplies ahead of winter after a devastating quake left 41 people dead and damaged generating stations on the northern island of Hokkaido, where temperatures regularly drop well below zero in colder months.
PETALING JAYA: YTL Power International Bhd’s 80%-owned Tanjung Jati power plant project in Indonesia is believed to have crossed a major hurdle after having finalised its power purchase agreement (PPA) terms with the local regulators, according to MIDF Research.