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One of Jimah East Power plants now commercially operational

KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) first of two units of coal-fired power plants owned and operated by Jimah East Power Sdn Bhd (JEP) successfully achieved its commercial operation date (COD) on Wednesday, adding another 1,000 megawatts (MW) to Peninsular Malaysia’s existing generation capacity of 22,748 MW.In a statement, TNB said JEP is building two 1,000 MW ultra-supercritical (USC) coal-fired power plants in Port Dickson, Negri Sembilan.

Jimah East Power’s power plant operations delayed

KUALA LUMPUR: The commercial operation dates of Jimah East Power Sdn Bhd’s 2x1,000MW ultra-supercritical coal-fired power plant in Jimah, Negeri Sembilan has been delayed.

Quick take: Tenaga sees RM3.6b erased on negative news

KUALA LUMPUR: Shares of Tenaga Nasional Bhd (TNB) fell to an intra-day low of RM13.44 on negative news about its 70% owned power plant and talk of the government studying a proposal to liberalise the retail energy sector.

Delay in Tenaga's 70% owned Jimah East Power operations

KUALA LUMPUR: The commercial operation date (COD) of Jimah East Power Sdn Bhd's (JEP) two 1,000MW ultra-supercritical coal-fired power plant in Jimah, Negeri Sembilan has been delayed.

Trading ideas: JAKS, TNB, Media Chinese International, Tan chong Motor, Dialog, Picorp

KUALA LUMPUR: JF Apex Research expects JAKS Resources, Tenaga Nasional Bhd (TNB), Media Chinese International Ltd, Tan Chong Motor Bhd, Dialog Group Bhd and Progressive Impact Corp Bhd (Picorp) to be among the stocks to watch on Wednesday.

New income stream for TNB

KUALA LUMPUR: Utility giant Tenaga Nasional Bhd (TNB) is expected to see earnings contribution from the National Fiberisation and Connectivity Plan (NFCP) beginning next year.

Global Forex Market

THE US dollar softened 0.44% to 96.8 largely owing to an improving risk appetite following the UK averting a “no-deal” exit and progressive trade talks. The market cheered after the Trump-Xi summit is now postponed to next month, signalling strong commitments to seal a deal by both parties.

Affin Hwang cuts forecast on TNB, downgrade to 'hold' with TP of RM13.30

KUALA LUMPUR: Affin Hwang Capital research is cutting its earnings per share forecast on Tenaga Nasional Bhd (TNB) by 24% to 27% for 2019-20E on guidance towards lower profit from lower regulatory returns and associate losses.

TNB’s coal-fired power plant achieves national connectivity

KUALA LUMPUR: Unit one of Jimah East Power Sdn Bhd’s coal-fired power plant in Port Dickson, Negri Sembilan, has achieved its first synchronisation on Dec 10.