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Business

Talks end with IPP over power sales

The Govern-ment has ended talks with independent power producers (IPPs) after failing to reach agreements on terms for electricity sales to Tenaga Nasional Bhd (TNB).

Business

Govt asked to take over Bakun

Sime Darby Bhd has proposed that the Government takes control of the Bakun dam and heads the submarine cable project to transport 1,600 MW to Peninsular Malaysia.

Business

TNB management wows investors

MANAGEMENT capability and efficiency were never the big attractions of Tenaga Nasional Bhd (TNB) before, let alone dividend yield.

Business

MMC sees returns on investments in August

MMC Corp Bhd will reap the full benefits of its investments when the final part of its Tanjung Bin power plant is commissioned by end-August, and on completion of its privatisation of associate company Malakoff Bhd at about the same time.

Business

Govt may conclude talks with IPPs soon

Negotiations with independent power producers (IPPs) to cut the amount Tenaga Nasional Bhd (TNB) pays them for electricity may be completed as early as thismonth, Energy, Water and Communications Minister Datuk Seri Dr Lim Keng Yaik said.

Business

Stockwatch

By HANIM ADNAN

Business

Indon power shortage may speed up talks on cable

The power shortage in Indonesia could accelerate discussions between Tenaga Nasional Bhd (TNB) and its Indonesian partner PT PLN Persero on the construction of an undersea cable linking the two countries.

Business

TNB shares gain 1% on profit jump

Shares in Tenaga Nasional Bhd (TNB) rose 15 sen, or 1.52%, to RM10 yesterday, off its intra-day high of RM10.20, after the company reported on Thursday a big jump in its profits for the financial year ended Aug 31.

Business

Revamp PPAs to help TNB offset gas price increase

The possibility of an increase in gas price is unlikely to hurt Tenaga Nasional Bhd (TNB) in the medium term.

Business

Gadang targets 2-digit growth

Gadang Holdings Bhd is bullish on achieving double-digit growth in group revenue for the year ending May 31, 2007.