Monday, 5 December 2011

Tenaga-Malakoff in 25-year power deal

Tenaga Nasional Bhd, Malaysia’s state-controlled power distributor, signed a 25-year agreement with Malakoff Corp to purchase electricity from its 1,000-megawatt Tanjung Bin power plant when completed in March 2016.

Tenaga also signed a deal to sell coal for the plant with Malakoff, a unit of Kuala Lumpur-listed MMC Corp. -- Bloomberg



Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or hoxian@sjsec.com.my for more details.
Related Posts Plugin for WordPress, Blogger...