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TNB props up FBM KLCI as electricity usage hits new high

KUALA LUMPUR: Shares of Tenaga Nasional Bhd (TNB) rose by as much as 50 sen today to prop up the FBM KLCI as investors factor in the country's electricity usage which hit a new high of 17,175MW earlier this month.

Banking on China’s thirst for water

WATER and power generation company Ranhill Holdings Bhd is banking on China’s increasing standards for water and wastewater treatment to grow its business.

TNB records highest electricity demand at 17,175MW

KUALA LUMPUR: The hot and dry spell in the past few days have pushed electricity consumption to its highest in peninsular Malaysia, with Tenaga Nasional Berhad (TNB) recording an all time high peak demand of 17,175MW on March 9.

Ranhill Holdings final price fixed at RM1.20

KUALA LUMPUR: Ranhill Holdings Bhd’s final price has been fixed at RM1.20, which is 50 sen below the initial retail price of RM1.70 following the lukewarm response to its listing exercise

Short position

MANY have lauded the Government’s measures to recalibrate Budget 2016, mainly done in view of the ongoing slump in oil prices as well as the overall condition of the global economy.

Ranhill delays listing to March as funds need more time

KUALA LUMPUR: Ranhill Holdings Bhd has delayed its proposed listing on the Main Market of Bursa Malaysia from Feb 18 to March 16, citing that institutional investors wanted more time to deliberate.

RM638mil Ranhill IPO

Company eyes mid-February listing, shares priced at RM1.70

Malaysia's power play

Malaysia’s power-generation sector is in play. The country’s blueprint to plant up sufficient capacity to meet the nation’s growing needs has taken many twists and turns. The issues seem to have intensified in recent weeks.

Neda to encourage healthy competition

THE newly-launched New Enhanced Dispatch Arrangement (Neda) promises a change in the way power is supplied to the grid by independent power producers (IPPs).

‘Sustainability company’ transforms palm mill wastes into fuel for electricity

A MALAYSIAN company has come up with a method that accelerates the process to convert palm oil mill effluent (POME) into fuel for electricity to power mill operations.