The electric utility, traditionally, is one of the most conservative and defensive sectors, with mostly government-controlled entities. After the opening of the sector, there is substantially private sector investment in both regulated and unregulated services.
The Management Committee of GMR Infrastructure Limited (GIL) has approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment represents 30% equity stake in a select portfolio of GEL assets on fully diluted basis, for cash consideration of $300mn. Tenaga is the largest power utility player in Malaysia […]
Centre Gives Power Utilities Freedom For Efficient Utilisation of Coal, Policy To See Reduction In Power Costs by 50 paise a unit
Central, state and private power generating stations have been given the freedom to utilise the allotted coal and using