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Some companies awarded LSS2 not able to take off due to land-related issues
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.
KUALA LUMPUR: The first unit of Tenaga Nasional’s 70% owned Jimah East Power achieved commercial operation date at midnight on Wednesday.
LITTLE-KNOWN Mega First Corp Bhd is a few months away to operate its maiden hydropower plant in Laos.
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.
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.
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.
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.
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.
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.