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Business

Intense lobbying has stalled decision-making for the 2,000MW coal-fired power plant under Project 3B

THE unprecedented delay in the award of the multi-billion-ringgit 2,000MW coal-fired power plant under Project 3B underlines the intense politicking involved in the decision-making process.

Business

Mudajaya tipped to be prime beneficiary from RM11bil power plant job

PETALING JAYA: Mudajaya Group Bhd, which has carved a niche for itself as builder of power plants in the country, is touted to be the prime beneficiary from the award of the 2,000 MW power plant contract to the joint venture of 1Malaysia Development Bhd-Mitsui Co Ltd.

Business Premium

Power sector draws attention after IPP project cancellations

THIS is turning out to be an interesting time for the power sector in the country following the cancellation of four independent power producer (IPP) projects by the government.

Business

YTL Power seen delivering lower dividend payout

PETALING JAYA: YTL Power International Bhd is expected to deliver a lower net dividend yield this year, as additional overhead costs associated with its Paka power plant could negatively affect the company’s dividend payout.

Business

Edra Power not going for listing

PETALING JAYA: Edra Power Holdings Bhd, Malaysia’s second largest independent power producer (IPP), is not going for a listing anytime soon.

Business

YTL Power advances on S’pore water bid shortlist

SHARES of YTL Power International Bhd tracked higher on the back of positive news that the group has been shortlisted to bid for Singapore’s fifth water desalination plant that could benefit it in terms of attractive returns and a lower risk venture if the company wins the bid.

Business

YTL Power to build RM11.6bil coal-fired plant in Java

KUALA LUMPUR: YTL Power International Bhd is embarking on a US$2.7bil (RM11.6bil) 1,320MW coal-fired power plant project in Cirebon, West Java - its second investment into Indonesia.

Business

KL to host financial forum on power generation

Due to an increasing need for financiers to understand trends, technologies and opportunities in emerging industries like power generation, an international financial forum for the power generation industry will make its debut in Kuala Lumpur in September.

Business

Melewar Industrial Group sells Thai power plant biz

KUALA LUMPUR: Melewar Industrial Group Bhd's (MIG) unit is selling its 51% stake in MPerial Power Ltd - which is the major shareholder in loss-making Siam Power Generation Public Company Ltd -- for US$11mil (about RM36mil).

Business

Genting disposes of stake in FPEC to SDIC Power for RM355mil

PETALING JAYA: Genting Bhd has completed the disposal of its 724MW coal-fired power plant in Fujian, China for 694 million yuan (RM355.3mil).