Tuesday, November 19, 2024
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TC Energy projections greater 2025 core revenue on natgas, electrical power need


(Reuters) – Canadian pipe driver TC Energy Corp stated on Tuesday it anticipates its 2025 core revenue to be in the series of concerning C$ 10.7 billion ($ 7.63 billion) to C$ 10.9 billion ($ 7.78 billion).

For 2024, the firm anticipates core revenue to be at the top end of C$ 9.9 billion to C$ 10.1 billion, omitting its Liquid Pipelines sector.

The pipe driver likewise revealed 4 brand-new development tasks lined up with raising need for gas and nuclear power generation.

TC Energy’s yearly financier day is arranged to start in the future Tuesday.

($ 1 = 1.4016 Canadian bucks)

(Reporting by Seher Dareen in Bengaluru; Editing by Shreya Biswas)



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