KLSE:TENAGA

3 stories mentioning KLSE:TENAGAUpdated 47d ago

Every FINWIRES story that references KLSE:TENAGA, newest first.

Malaysian Shares End in Green Bucking Regional Losses

Malaysian shares ended in the green on Thursday, as investor interest rebounded, bucking regional losses.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 10.5 points to end 0.6% higher at 1,683.26. The day range was between 1,673.70 and 1,689.83.In local news, Malaysia's gas supply remains stable, with most electricity generation still backed by domestic sources, while the government continues to monitor the energy sector amid global uncertainties, The Star reported, citing Science, Technology and Innovation Minister Datuk Chang Lih Kang.In corporate news, shares of Petronas Gas (KLSE:PETGAS) gained over 1% on close after it signed a binding heads of agreement with Tenaga Nasional (KLSE:TENAGA) unit Integrax, to jointly develop the third regasification terminal (RGT-3) in Perak, Malaysia. The project will be developed through a special purpose vehicle, and is based on a floating storage regasification unit (FSRU) conceptWhereas, shares of Velesto Energy (KLSE:VELESTO) slid about 2% on Thursday's close after its unit Velesto Sumber secured a contract from Northern Gulf Petroleum to provide jack-up drilling services offshore Thailand.

FTSE Bursa Malaysia KLCIKLSE:PETGASKLSE:TENAGAKLSE:VELESTO

Asia47d ago

Petronas Gas, Tenaga Nasional Unit to Develop Third Regasification Terminal

Petronas Gas (KLSE:PETGAS) signed a binding heads of agreement with Tenaga Nasional (KLSE:TENAGA) unit Integrax, to jointly develop the third regasification terminal (RGT-3) in Perak, Malaysia.The project will be developed through a special purpose vehicle, and is based on a floating storage regasification unit (FSRU) concept, according to a Thursday Malaysian bourse filing.The planned facility boasts an engineered LNG storage capacity of 170,000 cubic metres and a send-out capacity of 500 million standard cubic feet per day.The fuel procurement and supply arm of Tenaga Nasional, TNB Fuel Services, will underwrite the terminal's capacity in phases. Full capacity expected from 2030 onwards, it added.

KLSE:PETGASKLSE:TENAGA

Asia63d ago

Malakoff Unit Sign Power Purchase Deals With Tenaga Nasional

Malakoff (KLSE:MALAKOF) units - GB3, and Segari Energy Ventures - signed new power purchase agreements with Tenaga Nasional (KLSE:TENAGA) to extend operations of their gas-fired power plants in Perak, Malaysia, according to a Monday Malaysian bourse filing.Malakoff's shares slid 2% in Tuesday's late morning trade, while those of Tenaga Nasional were flat.The deals cover the 429-megawatt open cycle gas turbine plant operated by GB3 and the 1,303-megawatt combined cycle gas turbine plant operated by SEV.The GB3 plant is scheduled to begin operations under the new agreement by Jan. 1, 2027, while the SEV plant is set to start by July 1, 2027. Both agreements will expire on Dec. 31, 2029, it said.The GB3 plant's original 21-year PPA expired in December 2022, while the SEV plant's initial 21-year agreement expired in June 2017 and was followed by a 10-year extension ending in June 2027, the filing said.

KLSE:MALAKOFKLSE:TENAGA

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