Clean energy specialist Solarvest Holdings Bhd has bagged a RM46.75 million subcontract job from Tenaga Nasional Bhd to provide engineering, procurement, construction and commissioning for the development of a 50-megawatt large scale solar photovoltaic plant in Bukit Selambau, Kedah.
Research houses positive on TNB S ICPT rebate, RP2 theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (Dec 23): Tenaga Nasional Bhd (TNB) has entered into a deal with Malaysia Airports Holdings Bhd (MAHB) to supply cooling energy and electricity at the Kuala Lumpur International Airport (KLIA) for a period of 20 years.
A joint venture (JV) firm between TNB s wholly-owned subsidiary TNB Engineering Corp Sdn Bhd (TNEC) and MAHB s wholly-owned unit Airport Ventures Sdn Bhd (AVSB) has been set up to undertake the project, said TNB.
The JV firm Cooling Energy Supply Sdn Bhd will be 70% owned by TNEC and 30% by AVSB, and will have an issued share capital of RM52.35 million, the utility giant said in a filing with Bursa Malaysia.
KUALA LUMPUR (Dec 23): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 24) include: Tenaga Nasional Bhd, Malaysia Airports Holdings Bhd, Yi-Lai Bhd, Boustead Holdings Bhd, Jiankun International Bhd, Marine & General Bhd, Poh Huat Resources Holdings Bhd, and Hap Seng Consolidated Bhd.
Tenaga Nasional Bhd (TNB) has entered into a deal with
Malaysia Airports Holdings Bhd (MAHB) to supply cooling energy and electricity at the Kuala Lumpur International Airport for a period of 20 years. A joint venture firm between TNB s wholly-owned subsidiary TNB Engineering Corp Sdn Bhd and MAHB s wholly-owned unit Airport Ventures Sdn Bhd has been set up to undertake the project. The total project cost for the JV project is RM183 million and will be funded through a combination of external borrowings by the concessionaire and shareholders equity.