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Malaysia's power sector under pressure from Ukraine-Russia war

KUALA LUMPUR, Dec 7 — The domino effect of skyrocketing fuel prices due to geopolitical tension between Ukraine and Russia, coupled with the volatility in supply and demand, has...

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Analysts upbeat on Engtex's prospects

Engtex Group Bhd, which is one of Malaysia’s largest pipe manufacturers, is well-positioned to benefit from the revival of water infrastructure projects.

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Taliworks bags RM602.42mil water treatment job from Air Selangor

KUALA LUMPUR: Taliworks Corporation Bhd has received a contract from Pengurusan Air Selangor Sdn Bhd (Air Selangor) worth RM602.43 million for the proposed development of Sg Rasau water treatment plant and water supply scheme (Phase one), Selangor Package 2.

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Vynn Capital announces Tunku Ali Redhauddin as partner

Vynn Capital announces Tunku Ali Redhauddin as partner
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Taliworks' business remains resilient amid pandemic

expects its business performance to remain resilient, despite the impact of the Covid-19 pandemic, as it seeks out new value-accretive opportunities to drive our earnings growth. The infrastructure company is engaged in water treatment, supply and distribution, highway and toll management, waste management and construction and engineering. The company had on Wednesday reported a revenue of RM65.6mil which was affected by the lower contribution from the water treatment, supply and distribution segment, where contribution from the Langkawi operations ceased from Oct 31,2020. Taliworks said in addition, the movement control order that was re-imposed on Jan 13,2021 by the authorities to curb the Covid-19 pandemic also impacted its toll highway operations.

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Electricity demand dips, renewable energy gains momentum

Electricity demand dips, renewable energy gains momentum 16 Dec 2020 / 10:41 H. Pix for representational purpose only. KUALA LUMPUR: The fallout from Covid-19 has a significant impact on electricity consumption trends in Malaysia and elsewhere as movement restrictions to stop the spread of the virus have led to sudden change of socioeconomic habits such as commuting, working and playing. At the peak of the pandemic, only essential industries were allowed to operate, even some at only 50 percent capacity, while the rest of the industries were either shutdown or adapted to remote working practice. It resulted in a sudden decline in energy demand, especially in commercial and industrial usage.

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