PETALING JAYA: Recovery in earnings for YTL Power International Bhd
is now likely to be seen in two years’ time following the delay in the commissioning of its 45%-owned shale-fired Attarat Power Plant in Jordan.
The US$2.1bil, 470 megawatt (MW) shale oil power plant in Attarat, Jordan was seen as the next money spinner for the utility outfit.
Maybank IB Research estimates that its earnings contribution to YTL Power to be about RM220mil of associate income annually.
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