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On July 19, Datuk Che Khalib Mohamad Nor was conferred a Datukship at Istana Sri Menanti. Later the same day, he was at Hospital Universiti Kebangsaan Malaysia in Cheras to comfort the family members of a Tenaga Nasional Bhd employee who had been injured on the job.
THE government is finding ways to improve the electricity network, starting from power generation to distribution, so that the country can light up the nights at much cheaper rates.
TENAGA Nasional Bhd (TNB) is keen to re-negotiate the power purchase agreements (PPAs) with independent power producers in the country as the present contracts are believed to be not in its favour.
THE Government was not asking for the 'impossible' when it asked water operators and independent power producers to renegotiate their terms of agreement under the current structure of its privatisation scheme, Water, Energy and Communications Minister Datuk Seri Dr Lim Keng Yaik said.
The Government wants to renegotiate some of the privatisation projects to ensure that it does not continue to be shortchanged and the people unduly burdened.
TRONOH Mines Malaysia Bhd sees its new partnership with China's Shanghai Electric (Group) Corp Ltd (SEC) and India's Aban Construction Pte Ltd as a unique opportunity to enter the growing power sector in India.
APB Resources Bhd is by no means well known as it was only in May that it took over the listed status of NCK Corp Bhd. Its name is close to that of Switzerland-based ABB which is, of course, better known, and so is even APP, a listed Penang-based potter.
FUND managers had put most of their money in cyclical stocks earlier this year, betting on global economic growth accelerating. Now, some institutional investors are considering adding defensive counters to their portfolios amid concerns the global economy is at risk of slowing.
EVEN before Che Khalib Mohamad Nor takes office as chief of Tenaga Nasional Bhd (TNB), he already knows what he wants to do: boost efficiency and increase profits of the powerhouse.
State-owned utility body Sarawak Electricity Supply Corp (SESCo) will be turned into a commercial entity to retain its competitive edge over new entrants into the state power industry.