Pulau Indah power plant project not terminated as new capacity needed to meet demand in central region, says minister

KUALA LUMPUR (Nov 5): The government decided to proceed with the power generation project on Pulau Indah partly because there is a need to raise supply in the central region to cope with the strong demand, especially in the Klang Valley which accounts for 43% of the total demand in the peninsula, according to Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.

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Tadmax to return to the black in FY18

KUALA LUMPUR (Feb 23): Tadmax Resources Bhd, whose losses widened in the first nine months of 2017, expects to be on a better footing this year with the bulk of the group’s short-term financial commitments largely resolved.

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