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2 days ago · The 1,010MW power plant was offline since early December due to severe fractures in the intermediate pressure (IP) steam turbine. According to management, they are forecasting a capacity payment loss of RM400mn for FY24. Manjung 4 is expected to restart operations earliest by the end of 2024, but in the worst case the restoration of operations ...
2 days ago · Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally. The company operates and maintains thermal generation facilities and hydroelectric power generating schemes; and manages and operates the National Grid that is connected to Thailand’s transmission system, as well as Singapore’s transmission system at Senoko.
1 day ago · SHAH ALAM - Rang Undang-Undang (RUU) Kecekapan dan Konservasi Tenaga 2023 selari dengan tindakan kerajaan melaksanakan penyasaran subsidi diesel untuk mencapai matlamat karbon sifar bersih menjelang 2050. Ahli Parlimen Petaling Jaya, Lee Chean Chung berkata, ia berikutan, peletakkan harga diesel bersamaan dengan harga sedunia bukan sahaja ...
5 days ago · Tenaga Nasional Berhad announced a dividend on Tuesday, March 19th. Investors of record on Friday, March 29th will be given a dividend of $0.2091 per share on Monday, April 29th. The ex-dividend date of this dividend is Wednesday, March 27th. This is an increase from the stock's previous dividend of $0.14.
5 days ago · Tenaga Nasional Bhd’s (TENAGA) FY23 core net profit of RM3.1bn came in below expectations, accounting for 87% of ours and 88% of consensus’ full-year forecasts. The earnings miss was mainly attributed to higher-thanexpected operating expenses, specifically the non-generation costs.
3 days ago · Keep NEUTRAL, new MYR9.60 TP from MYR9, 5% upside. While the earnings impact of a selective tariff hike and higher subsidy commitment by the Government is neutral to Tenaga Nasional, it should provide some breather to strained cash flows and gradually ease off TNB’s escalated trade receivables – depending on the schedule of the subsidy payments.
2 days ago · We ensure security of supply to the electricity industry. Single Buyer is an entity authorised by the Minister pursuant to the Electricity Supply Act (ESA) 1990 to conduct electricity planning and manage electricity procurement services for Peninsular Malaysia. Single Buyer plays a key role in promoting efficiency and facilitating competition ...
