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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.

Research house: Water supply job boon for MRCB

PETALING JAYA: Malaysian Resources Corp Bhd’s (MRCB) RM150mil,chilled water supply contract is expected to bode well for the company’s long-term earnings.

MARC removes Quantum Solar Park from negative watch

KUALA LUMPUR: Malaysian Rating Corporation (MARC) has removed Quantum Solar Park (Semenanjung) Sdn Bhd’s (QSP Semenanjung) RM1bil green SRI sukuk rating from MARCWatch Negative.

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.

Sunway 'hold', GD Express 'neutral', Cypark 'add', Construction 'neutral'

MAYBANK IB Research is “neutral” on Sunway Bhd’s acquisition of Blacktop Industries Sdn Bhd (BISB), as it is awaiting further information on production capacity and utilisation rate from the management.

CIMB Research remains positive on Cypark, sees stronger earnings

KUALA LUMPUR: CIMB Equities Research remains positive on Cypark Resources as it expects stronger earnings due to the commissioning of the large scale solar photovoltaic (LSS 2) and waste-to-energy (WTE) plant.