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TNB in talks with firm to save fuel costs

TENAGA Nasional Bhd (TNB) is said to be currently exploring the use of a technology that would enable coal-fired power plants to use high sulphur coal and save the power industry billions of ringgit in fuel cost.

Khazanah sees improved values in GLCs

The first year of the massive revamp of government linked companies is ovber. Khazanah Nasional Bhd managing director Datuk Azman Mokhtar gave a report card of the performance of those companies and what would be in store for some of them.

Right timing for Genting deal

GENTING Bhd, which is proposing to invest in four power plants in China, seems to have chosen the right time to enter the Chinese power generation industry.

Tenaga's CEO: Tariff rebalancing proposal meant to reduce deficit

TENAGA Nasional Bhd's (TNB) proposal for a tariff rebalancing will not mean that its cashflow deficit, which is to the tune of about RM4bil a year, will be erased.

NRG paying US$5.8b for Texas Genco

NRG Energy Inc announced on Sunday the purchase of Texas Genco Holdings Inc for US$5.8bil in cash and stock, in a deal that would nearly double the merchant power producer's asset base and give it entry to the growing Texas wholesale electricity market.

A few gems in tech sector

Between the Lines, a column by C.S. Tan. He says The Tech sector of Bursa Malaysia suddenly took off last Friday. This may have been triggered by a news report that day that Taiwan Semiconductor Manufacturing Co (TSMC), the world's leading contract chipmaker, said its September sales reached a record high.


Power companies set to outperform

MALAKOFF Bhd's full year earnings announced last week missed consensus estimates by about 3%, but investors remain bullish on the group's prospects, especially with its new power plants set to give the company an earnings boost.

Tariff hike not a cure-all solution for Tenaga, say analysts

Is an electricity tariff hike on the cards next year?

Expansion prospects brighten up power sector

Escalating free cash flow and prospects for expansion at home and abroad have put the spotlight on the local power sector. b>ELAINE ANG/breports.