AmResearch 'overweight' on Sarawak Energy

hlk at 07h14
14
Jul
2011
AmResearch 'overweight' on Sarawak Energy

AmResearch has made an 'overweight' call on Sarawak Energy Bhd (SEB), backed by its target to set aside RM22 billion to expand its footprint over the next 10 years.

In a research note today, AmResearch said SEB has signed a power purchase agreement (PPA) to buy power at 6.25sen/kilowatt hour from Sarawak Hidro Sdn Bhd.

"We have learnt the first of the 2,400 megawatt (MW) Bakun dam's eight turbines is due to be ful
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14/07/2011 at 07h14 by "hlk"