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PETALING JAYA: The outlook for the utility sector is bound to improve this year with the expected increase in energy demand due to a gradual pick-up in economic activity.
THE Ranhill Group is committed to enriching lives through sustainable solutions in water, wastewater and energy. With proven capabilities as a leading water operator in Johor, Ranhill’s presence in the environment sector also extends to wastewater management in Thailand and China, while in the energy sector, it is the largest Independent Power Producer (IPP) in Sabah through a 21-year power purchase agreement with Sabah Electricity Sdn Bhd for the sale of up to 380 megawatts (MW) electrical generation capacity and electricity production.
KUALA LUMPUR: Maybank Investment Bank Research expects the Budget 2021 proposals to be announced this Friday will allocate more funds for social welfare and safety nets and also measures to spur consumer spending.
PETALING JAYA: Demand for electricity is expected to ease in the second quarter of the year with the implementation of the movement control order (MCO) and the sluggish economic activities foreseen thereafter due to the Covid-19 outbreak.
KUALA LUMPUR: RAM Rating Services Bhd has maintained its “stable” outlook on the Malaysian power sector amid the impending liberalisation of the industry in Peninsular Malaysia.
PETALING JAYA: The power industry is among the most active sectors tapping the domestic bond market, with a five-year average annual issuance of about RM8.4bil between 2015 and 2019.