PETALING JAYA: The recently implemented movement control order (MCO 2.0) is not expected to impact Tenaga Nasional Bhd
(TNB) as severely as the first MCO that took effect in March last year.
CGS-CIMB Research in its latest report said TNB had guided that overall electricity demand could decline between 6% and 10% year-on-year for its financial year ended Dec 31,2020.
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