Tenaga Nasional Berhad

GEL and TNB had announced this strategic partnership in May 2016 and the allotment of shares marks the completion of this landmark transaction in the power sector, it said.

Singapore snaps up 17 M&As in India

As many as 17 merger and acquisition (M&A) deals with a combined investment of USD 940 million have been made by Singapore companies with the Indian enterprises in the first half of this year, a global valuation services firm said.

Moody's rate Tenaga credit negative on debt in GMR deal

The proposed transaction is credit negative for Tenaga because it will reduce the company's liquidity and, depending on the funding mix, increase its adjusted debt.

GMR Infra likely to sell stake in energy subsidiary

CNBC-TV18 learns that a foreign strategic investor is close to picking a minority stake of 30 percent through fresh equity issuance in GMR Energy for Rs 1,500 crore.

L&T Construction wins orders valued Rs. 1563 Cr

The Power Transmission & Distribution Business of L&T Construction has won orders worth Rs. 1563 crores in both the international and domestic markets in July & August 2015.

L&T bags orders worth Rs 1,563 crore in July

The company said it has received a breakthrough order from Tenaga Nasional Berhad (TNB) for design, manufacture, supply, installation, testing and commissioning of a 500 kV double circuit transmission line in Malaysia.