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Business 08 Oct 2012 | 12:00 AM

Punchups, kidnappings mar India's efforts to privatise power

NEW DELHI: It is rough being an employee of Torrent Power Ltd in the Indian city of Agra. Furious residents regularly take staff of the power distributor hostage or beat them up, stone-throwing mobs besiege the firm's high-walled compound, and one official recently had to be hospitalised after he was hit on the head with a brick.

Business 26 Aug 2010 | 12:00 AM

SEB in talks with Govt on sale of Bakun power

KUCHING: Sarawak Energy Bhd (SEB) has been holding regular talks with federal authorities on the purchase of power from the Bakun hydro-electric dam, said chief executive officer Torstein Dale Sjotveit.

Business 26 Apr 2006 | 12:00 AM

Pentamaster ready to roll out new system

After months of trials and fine-tuning, Pentamaster Corp Bhd is ready to manufacture its computerised testing and measurement system in August.

Business 10 Dec 2005 | 12:00 AM

TNB needs to borrow RM700mil in current year

TENAGA Nasional Bhd (TNB) plans to borrow up to RM700mil to fund its operational expenses for the current financial year (FY) ending August 2006. And it may need to borrow more next year if it does not get a tariff increase soon.

Business 16 Sep 2005 | 12:00 AM

AmResearch on factors for bullish EPS forecast

AmResearch Sdn Bhd expects the earnings per share (EPS) of the KL Composite Index (KLCI) to grow 14.7% next year, mainly driven by the banking, power and gaming sectors. For 2005, it has forecast EPS growth rate of 12%.

Business 29 Jul 2005 | 12:00 AM

Tenaga’s performance looking good

THE latest quarter results of Tenaga Nasional Bhd (TNB) pointed to an improved operating performance that resulted from reduced operating costs and lowered debts.