Saturday, October 9, 2010

News Flash!!!

MIDF positive on Malaysia power sector

MIDF Research has maintained its 'positive' stance on the power sector on the launch of the projects under the Economic Transformation Programme (ETP) for the power sector.

In its research note, MIDF said under the ETP, the government has outlined three major areas -- deployment of nuclear energy, solar capacity build-up and the development of hydropower.

It said Tenaga Nasional Bhd would become the major beneficiary.

"It will remain the dominant force in the development of renewable energy,and this will bring more positives than negatives to the company.

"We do not expect a major shift in its business fundamentals anytime soon, with the exception of an impending tariff review," it said.

MIDF said overall, the ETP would have a neutral impact on the sector, given the fact that the gestation period for the benefits of renewable energy to be reaped was rather long. - Bernama

p/s: nuclear will be our source of energy to generate electricity in the future =)

10 comments:

  1. salam n hye.. this is just the beginning of transformation energy that will be occur in our country. many things still need to improve n must get cooperation from all of people also. Keep up the guys! ^_^

    HAZIM BIN SHARUDIN(ME083548)
    sena_90@yahoo.com.my

    ReplyDelete
  2. This is a good step for Malaysia. If we were to continue producing electricity the same way we are now, prices of electricity would rise too high.

    YANG GUO XIAN (ME083672)
    iainygx@hotmail.com

    ReplyDelete
  3. Generating electricity via the Nuclear energy will put Malaysia on the map, this will be a vital step for greater opprtunities that will befall Malaysia. And also it will help Tenaga to have better harvests despite the negatives.

    Almutairi,Abdulmajeed Khatimo CE:082377
    ma7ed100@hotmail.com

    ReplyDelete
  4. MIDF stand for what?

    ENGKU AHMAD AZIZAN HAFIDZI
    eazizan90@yahoo.com

    ReplyDelete
  5. WOW..awesome news..hope the government spend wisely on this ETP without exploiting the cost on building, besides what does it means from Tenaga nasional would become the major beneficiary??? As it is now..Tenaga is buying the electricity from few power plant which is totally conducted by different cronies and are subjected by terms from the government on selling it back to the people...which WE as MALAYSIAN buy electricity from a third party... are you sure Tenaga would have the beneficiary from this OOMING PROJECT..unless there are a major political shift in Malaysia...

    ME083582
    nabeelsidek@yahoo.com

    ReplyDelete
  6. YO!
    don't you think that Malaysia had a lot of spaces and experts on this field? what will we lost if we try to build one reactor? if it goes well, the government will be the one who got the benefits. and the nuclear energy is not as dangerous as you heard. if it get well maintained there should be no harm to us.

    Fasnor Hesyam Faisal
    me086029
    ronsaf17@yahoo.com

    ReplyDelete
  7. Going Nuclear is a good move in Malaysia's part. It could potentially replace all the other polluting power plants at one go. I will give my support on the nuclear project in Malaysia IF there are no other setbacks.

    Jan Siong Lim
    ME083552
    jansionglim@hotmail.com

    ReplyDelete
  8. MIDF stand for what fellas? yes, I do agree with u about nuclear will be our source of energy to generate electricity in the future. tq

    muhammad fikri bin baharudin
    fiq.bahar@gmail.com

    ReplyDelete
  9. I disagree with the option of resorting to nuclear generation as a main source of power. Reason because, the production of nuclear power plant will obviously will blow a big hole in Malaysian economic infrastructure during this recession period because of materials needed in the construction of nuclear power plant and the resources needed in the field of nuclear development in Malaysia is still in a primary stage.

    Amreet Raj Singh
    Me083528
    (amreet90@hotmail.com)

    ReplyDelete
  10. this is a postive note for malaysians.we are moving forward in nuclear power generation technology.

    ravindran a/l navalan
    me083947

    ReplyDelete