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Wednesday 18 January 2012

TNB will be back in the black in Q2: Che Khalib

Read more: http://www.btimes.com.my/articles/20120118012737/Article/

TNB made a net profit of RM716.5 million during the quarter ended November 2010. The utility blamed the shortage of gas for its loss, saying it has had to rely on more expensive oil and distillates to generate electricity. Gas makes up 60 per cent of its fuel mix followed by coal, hydro power and others. TNB president and chief executive officer Datuk Seri Che Khalib Mohamad Noh said the company is likely to record a profit in the current quarter as it will get its RM2 billion compensation or RM1 billion each from Petroliam Nasional Bhd (Petronas) and the government. "We already received RM1 billion from Petronas, which was acting on behalf of the government last December 30. We expect to receive the other RM1 billion from the government by next month. With the RM2 billion, we will definitely be profitable in the second quarter," Che Khalib told reporters at its headquarters here when announcing TNB's results. Due to gas shortage last year, TNB had to use more expensive fuel and distillates worth a total of RM3 billion, withThe government and Petronas agreed to reduce TNB's financial burden by contributing RM1 billion each to the cost. "The situation will hopefully improve by September this year when Petronas LNG (liquefied natural gas) complex in Malacca completes its upgrading works by September this year," he said. Che Khalib said TNB needs 12,500 cu m of gas a day to meet the demand for power, of which Petronas can supply 11,000 cu m as it has to distribute the gas to other industries such as rubber glove, automotive, ceramics, glass and others. To resolve the gas shortage, Che Khalib said TNB will buy gas from the open market at a competitive price from Shell, Esso and Total, reduce its gas dependency on Petronas as well as help the government trim its gas subsidies. "Buying gas from the open market will mean we have additional capex but let us resolve this first with the government which has formed a taskforce on how to address this." Preliminary talks are ongoing between TNB and taskforce members which include Petronas, Energy, Green Technology and Water Ministry, Economic Planning Unit, Finance Ministry as well as the Performance Management and Delivery Unit (Pemandu). Che Khalib declined to comment but analysts said TNB can reduce its high cost by getting a tariff hike from the government. He said the Energy Commission is also laying out its policies such as on the orderly imports of gas to avoid an industry scramble

2 comments:

Hj Azrul said...

Higher costs due to using alternative fuels led Tenaga Nasional Bhd to incur a pre-tax loss of RM215.4 million for the first quarter ended Nov 30, 2011, compared with a pre-tax profit of RM1.002 billion in the same period of the previous year. Turnover rose to RM8.694 billion from RM7.731 billion, the national utility firm said in a filing to Bursa Malaysia today. -- Bernama

Anonymous said...

di rogol pegawai TNB, ketika itu rumah kami terputus bekalan letrik kerana dentuman petir yang kuat, suami ku tiada di rumah kerana bertugas di luar KL. Anak ku yang masih kecil menangis kerana ketakutan dan inilah kali pertama kejadian seperti ini berlaku sejak kami berpindah ke sini. Aku ada seorang jiran yang bekerja sebagai jurutera di TNB PJ, iaitu tuan Hj Ismail Din, lantas aku menalipon dia supaya datang segera kerumah ku untuk menengok atau membaiki meter letrik PCB yang mungkin rosak oleh dentuman petir yang kuat tadi.

Dia datang dengan segera, dan hanya memasang semula main switch dan letrik pun mengalir pula seperti sedia kala. Semasa dia memeriksa kotak PCB aku bergegas ke dapur menyediakan minuman, dan anak kecil ku bawa ketingkat atas bersama pembantu indon. Semasa kelam kabut menuangkan teh panas, air itu tertumpah pada baju ku, Hj Ismail Din terus memberikan pertolongan dengan membuka baju ku. Ketika itu aku hanya memaki t shirt tanpa coli dan berkain batik. Hj Ismail Din terpegun dan ghairah melihat aku tanpa baju dan coli dan terus menarik aku hampir padanya, dia terus menghisap puting tetek ku, dan bawa aku kedalam bilik rumah ku di tingkat bawah. Dia terus merogol ku di situ, walaupun sedap tapi aku tak rela di perlakukan begitu, Hj Ismail Din berkulit putih, tinggi dan handsome, tetapi amat kelam kabut bila melakukan hubungan sex dengan aku, Suatu hari nanti aku harap dapat main lagi dengan Hj Ismail Din tetapi bukan dengan cara gelojoh seperti yang pernah aku alami.