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Wed 10 Jul 2013 01:48 PM

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Tenaga JV wins $310m Kuwait power plant deal

Malaysia's Tenaga Nasional Bhd in JV to operate, maintain Shuaiba North Co-General Plant

Tenaga JV wins $310m Kuwait power plant deal
(Photo for illustrative purposes only)

A joint venture including Malaysian power firm Tenaga Nasional Bhd has won a
$310m contract to operate and maintain a power plant in Kuwait.

Tenaga said on Wednesday the KD88.9m contract for the Shuaiba
North Co-General Plant was awarded to its unit TNB Repair and Maintenance and
Kuwaiti partner Kharafi National.

Tenaga shares ended down 0.1 percent to 8.49 ringgit, underperforming the
broader market that rose 0.1 percent.

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