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KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) unit TNB Fuel Services Sdn Bhd has signed five long-term affreightment contracts valued at US$537mil (RM2.11bil) for shipping coal from Indonesia to Malaysia.
PETALING JAYA: Tenaga Nasional Bhd has awarded long-term contracts worth a combined US$537mil (RM2.3bil) to four local companies companies, including Malaysian Bulk Carriers Bhd, for shipment of coal from Indonesia.
KUALA LUMPUR: Fitch Ratings expects Tenaga Nasional to incur about RM46bil in capital expenditure from FY16 to FY19 as the power giant seeks to raise its domestic generation capacity and for maintenance.
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is expected to incur about RM46bil in capital expenditure (capex) from financial year ending Aug 31, 2016 (FY16) to FY19 to increase its domestic generation capacity and for maintenance, according to Fitch Ratings.
KUALA LUMPUR: YTL Power Generation Sdn Bhd has yet to sign a power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) due to conditions precedent (CP) set by the latter.
KUALA LUMPUR: RHB Research Institute expects Tenaga Nasional Bhd’s 4QFY16 earnings to come in weaker vs 4QFY15 as electricity demand moderated, rising just 1.1% in the first two months (June and July) of the final quarter.
KUALA LUMPUR: Fitch Ratings has revised the Outlook on power giant Tenaga Nasional Bhd to Positive from Stable due to the improved financial profile.