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SINGAPORE (Mar 22): OCBC Research is maintaining its “buy” call on Sembcorp Industries (SCI) with a fair value of $3.59 despite further liberalisation of Singapore’s retail electricity market which brings higher competition along with it.
(Oct 4): India’s power companies have a problem largely responsible for US$10 billion ($13.6 billion) a year in losses. Slum dwellers steal electricity and refuse to pay their bills. But company officials often can’t go in without being chased by mobs
WASHINGTON (April 17): US Energy Secretary Rick Perry is ordering a study of the US electric grid, with an eye to examining whether policies that favor wind and solar energy are accelerating the retirement of coal and nuclear plants critical to ensuring s
SINGAPORE (March 10): With weak electricity prices driving Hyflux’s energy division into losses and desalination margins narrow amid intense competition, CEO Olivia Lum is bringing in new revenue streams to help tide over the short term.