TNB set to benefit from data centre boom: Public Investment Bank

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is expected to increase its capital expenditure (capex), particularly in its transmission and distribution div...

TNB is expected to roll out about RM90 billion in capex for six years until 2030 to support energy transition initiatives and system upgrades. – Bernama filepicTenaga Nasional Bhd is expected to increase its capital expenditure , particularly in its transmission and distribution division, to accommodate technology companies’ setting up data centre facilities in the Klang Valley and Johor.

“We estimate that its partnership with Singtel to establish a greenfield data centre in Iskandar Puteri could potentially result in an earnings uplift of about 24% beyond the financial year 2026 .PIVB noted that TNB is expected to roll out about RM90 billion in capex for six years until 2030 to support energy transition initiatives and system upgrades.

“Currently, the total IT load in Malaysia is estimated at about 900 megawatts in 2024, but this is expected to balloon to about 1,400MW by 2029, translating to a compound annual growth rate of 8%,” it said.The investment bank said other beneficiaries from the increased data centre investments in Malaysia include construction sector players such as Gamuda Bhd and IJM Corporation Bhd for their track record in securing more data centre jobs.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 25. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Securities Commission Malaysia warns public of pre-initial public offering investment scamsKuala Lumpur: The Securities Commission Malaysia (SC) has cautioned the public on investment scams enticing investors with pre-initial public offering (IPO) shares of companies seeking listing on Bursa Malaysia.
स्रोत: DailyExpress_MY - 🏆 3. / 83 और पढो »

SC warns public of pre-initial public offering investment scamsKUALA LUMPUR: The Securities Commission Malaysia (SC) has cautioned the public on investment scams enticing investors with pre-initial public offering...
स्रोत: theSundaily - 🏆 25. / 51 और पढो »

Kenanga Investment Bank to Increase Stake in Merchantrade Asia to 19.94 percentKuala Lumpur: Malaysia’s leading independent investment bank, Kenanga Investment Bank Berhad (“Kenanga Group” or “The Group”) has received Bank Negara Malaysia approval to acquire an additional 15.
स्रोत: DailyExpress_MY - 🏆 3. / 83 और पढो »

Solarvest appoints Daniel Ruppert as chief investment officer to drive investment strategiesSolarvest announced the appointment of Daniel Ruppert as its chief investment officer, effective 1 July 2024.
स्रोत: DNewsAsia - 🏆 23. / 51 और पढो »

MOHE welcomes PAC’s suggestions on investment guidelines for Public UniversitiesCYBERJAYA: The Ministry of Higher Education (MOHE) welcomes any suggestions from the Public Accounts Committee (PAC) on the implementation and applica...
स्रोत: theSundaily - 🏆 25. / 51 और पढो »

Maybank Investment Bank launches campaign to support responsible investingKUALA LUMPUR: Maybank Investment Bank Bhd today launched the “myimpact Invest” initiative to address the increasing demand for responsible investing, ...
स्रोत: theSundaily - 🏆 25. / 51 और पढो »