“The Project shall commence immediately, i.e. 7 July 2014 (“Commencement Date”) and shall be completed within Four Hundred and Forty Eight (448) days from Commencement Date.”
Trenergy gets RM14.7m TNB contract
KUALA LUMPUR: Sarawak Cables Bhd’s wholly-owned subsidiary, Trenergy Infrastructure Sdn Bhd, has received a letter of acceptance from Tenaga Nasional Bhd for a RM14.7 million power line transmission project.
The project, involving a 132kV single-circuit loop in/out PMU 132/33kV Enstek from Kuala Lumpur International Airport-Salak Tinggi transmission line, started yesterday and is scheduled to be completed in 448 days.
The project is expected to contribute positively to Sarawak Cables’ earnings and net assets for this year and next, the company told Bursa Malaysia yesterday.
Read from NST here.
Date of announcement: 7/7/2014
The Board of Directors of Sarawak Cable Berhad (“Sarawak Cable”) wishes to announce that its wholly-owned subsidiary, Trenergy Infrastructure Sdn Bhd had on 7 July 2014 received a Letter of Acceptance (“LOA”) from Tenaga Nasional Berhad (“TNB”) on its Tender for the “Proposed 132kV Single Circuit Loop In/Out PMU 132/33kV Enstek from KLIA-Salak Tinggi Transmission Line Project” (“the Project”) for a contract sum of RM14,671,825 (Ringgit Malaysia Fourteen Million Six Hundred Seventy One Thousand Eight Hundred And Twenty Five Only).
The Project shall commence immediately, i.e. 7 July 2014 (“Commencement Date”) and shall be completed within Four Hundred and Forty Eight (448) days from Commencement Date.
The Project is expected to contribute positively to the earnings and net assets of Sarawak Cable Group for the financial years ending 31 December 2014 and 31 December 2015.
The Board is of the opinion that the above Project is in the best interest of Sarawak Cable and its Group of Companies.
