KUALA LUMPUR: Pestech International Bhd
has clinched its second power infrastructure project from the National Grid Corp of the Philippines (NGCP), this time a RM50.2mil contract to install secondary devices for the Calamba 230kV substation project in Luzon.
In a filing with Bursa Malaysia, Pestech said its wholly-owned subsidiary Pestech Sdn Bhd had on Wednesday received a notification of award for the contract in relation to the Calamba 230kV substation project.
The offshore portion of the project is valued at US$5.36mil (RM22.65mil) while the onshore portion is worth 332.14 million pesos (RM27.53mil).
“This marks Pestech’s first engineering, procurement, construction and commissioning (EPCC) project for a 230kV main substation in the Philippines and second power infrastructure project with NGCP,” Pestech noted.
The project is located in the city of Calamba, which is situated in the Laguna Province, Calabarzon region, about 60km from Manila Ninoy Aquino International Airport.
Under the project, Pestech will deliver a new 230kV outdoor substation with 230kV/115kV facilities to serve the Laguna sector.
“This is to improve the reliability and operational flexibility of the 230kV system in the area and to relieve some of the load on the existing 230kV network,” the company said.
The duration of the project is 540 days, or about 1½ years, and NGCO will determine the starting date will be determined by NGCP later.
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