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The Sarawak Electricity Supply Corporation (Sesco) has clarified that it does not anticipate making any significant changes to its electricity tariffs over the next five to 10 years.
HSBC operations in Malaysia and India are working together to encourage a greater flow of investments between the two countries.
TENAGA Nasional Bhd (TNB) does not rule out acquiring power stations overseas or supplying power to neighbouring countries, according to chairman Datuk Dr Awang Adek Hussin.
INDEPENDENT power producer Malakoff Bhd is buying a 90% stake in SKS Power Sdn Bhd from Northern Power Sdn Bhd for RM835mil cash. The acquisition will enable Malakoff to expand its power generation capacity to 3,595 MW from 1,705 MW now.
SKS Power Sdn Bhd has awarded a contract worth US$1.3bil to Japan#039;s Sumitomo Corp to build a 2,100-megawatt coal-fired power plant, industry sources said.
TENAGA Nasional Bhd (TNB), at the moment, does not look very appealing to many investors as well as analysts.
Kathy Fong writes on Globetronics, TNB, MISC-F, Resorts World and Malakoff.
TENAGA Nasional Bhd (TNB) has posted a net profit of RM706mil for its fiscal 1st half to end-February, down 47% from RM1.3bil in the same period a year earlier. However, revenue came in higher at RM8bil compared with RM7.5bil previously.