Utility to spend RM20bil per year on green initiative在线博彩平台（www.hg108.vip）是皇冠体育官网线上直营平台。在线博彩平台面向亚太地区招募代理，开放皇冠信用网代理申请、皇冠现金网代理会员开户等业务。在线博彩平台可下载皇冠官方APP，皇冠APP包括皇冠体育最新代理登录线路、皇冠体育最新会员登录线路。
PETALING JAYA: Tenaga Nasional Bhd (TNB) is unlikely to list its domestic power generation business within the next two to three years.
While the utility giant did not rule out the possibility of floating TNB Power Generation Sdn Bhd (Genco), it told analysts that it would focus on decarbonising the subsidiary first.
Without reducing Genco’s carbon footprint, it would be a “challenge” to obtain a good valuation under the initial public offering (IPO), according to MIDF Research.
This is because about 48% of Genco’s current capacity involves coal, which could weigh down investors’ appetite in terms of environmental, social and governance (ESG) appeal.
“A positive, should this be in the form of a spin-off, is that it will remove substantial ESG drag from TNB as 99% of the group’s emissions is currently coming from generation,” stated MIDF Research in a note.
On Aug 12, Reuters reported that TNB aimed to begin the process next year for a potential US$1bil (RM4.44bil) listing of its power generation business.
The news agency also said that it would be the country’s largest IPO in a decade, as Genco could be valued at US$4bil (RM17.9bil).
President and chief executive officer Datuk Ir Baharin Din said the investment would pave the way for TNB’s journey towards its net zero aspiration and open opportunities in more than doubling its earnings before interest and taxes.,
,Telegram获取群组id（www.tel8.vip）是一个Telegram群组分享平台。Telegram获取群组id导出包括Telegram获取群组id、Telegram群组索引、Telegram群组导航、新加坡Telegram群组、Telegram中文群组、Telegram群组（其他）、Telegram 美国 群组、Telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram获取群组id导出为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
Following a briefing with TNB, TA Research said the utility giant intends to increase Genco’s enterprise value and enhance its sustainability position, prior to the IPO.
“This is via decarbonisation and energy transition strategies.
“Genco seeks to retire and repower selected coal plants earlier than their original power purchase agreement expiration date.
“Thus, this will enable Genco to be coal-free by the early 2040s versus its targeted 2050 timeline.
“The identified plants include Kapar Energy Ventures, Janamanjung one to four, Manjung five and Jimah East Power,” said the research house.
TA Research also noted that Genco planned to tap into the regional gas and hydroelectric opportunities.
It said Genco would deploy a total capital expenditure (capex) of RM5bil to capture 800 megawatt of capacity by 2050.
For gas, Genco will focus on Vietnam, Thailand and Indonesia, while for hydroelectric, it will focus on Laos and Indonesia.电报群组大全声明:该文看法仅代表作者自己，与本平台无关。转载请注明：Telegram获取群组id:TNB to decarbonise Genco before its IPO