Analyst Research Report Snapshot


Flash Note – Tenaga (BUY, maintain) - TNB inks RM1bn contract for O&M of Shuaiba




Affin Hwang Investment Bank Bhd


10 Jul 2013





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O&M operator for 780 MW Shuaiba power plant Tenaga with its JV partner Kharafi National, have signed a RM986bn contract with Kuwait’s ministry of electricity and water for the operation and maintenace of the Shuaiba North co-generation plant. The contract is worth RM986m over a 7- year period. The Shuaibah plant is able to produce 780 MW of power and 45m imperial gallons of distilled water a day.

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