Stocks of solar energy-related companies had a lukewarm response following news of the government’s plan to lift the 18-month ban on renewable energy (RE) exports, possibly waiting on Putrajaya to settle the details.
KUALA LUMPUR, Jan 31 YTL Power International Bhd’s shares were up 1.5 sen to 74.5 sen after it announced a collaboration with a Tenaga Nasional Bhd (TNB) unit to supply 100.
YTL Power International Bhd shares were up 1.5 sen to 74.5 sen each, after the company announced a collaboration with a unit of Tenaga Nasional Bhd (TNB) to supply 100 megawatts of electricity from Malaysia to Singapore via the newly upgraded interconnector.
ower International Bhd’s wholly-owned subsidiary, YTL PowerSeraya Pte Ltd and TNB Power Generation Sdn Bhd (TNB Genco), a wholly-owned subsidiary of Tenaga Nasional Bhd (TNB) have teamed up to export and import 100MW of electricity to Singapore via the newly upgraded interconnector.
YTL Corp Bhd, which has announced its financial results for the first quarter ended Sept 30, 2022 (1Q), remains hopeful for a strengthening in most of the business segments it operates in.