Business

Saturday November 21, 2009

Tenaga wins Platts award


PETALING JAYA: Tenaga Nasional Bhd (TNB) is the best-ranked electric utilities in Asean in Platts Top 250 Company in 2009, an energy industry award that recognises the outstanding financial performance of top energy companies.

The annual rankings by Platts, a leading global provider of energy and commodities information, measures companies’ performance last year using four key metrics – asset worth, revenues, profits and returns on invested capital.

Among the electric utilities in Asia, TNB took the fourth position trailed by companies such as Kansai Electric Power Co and Chubu Electric Power Co from Japan, Hong Kong Electric Holdings Ltd and Kepco.


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