PETALING JAYA: Tenaga Nasional Bhd’s (TNB) expansion plans, which are in line with its commitment to achieve net-zero emissions by 2050, will be the group’s main growth catalyst in the quarters ahead, says Kenanga Research.
The research house said the utility giant had recently announced two new power plant projects, namely the repowering of its Sungai Perak hydro power plant and a greenfield 2,100 megawatt (MW) combined cycle gas-fired power plant in Kapar.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!