Powernet gets Nepal project


“The scope of work includes but is not limited to engineering, construction, supervision, testing, commissioning, reliability test, remedy of defect during the defect liability period and provision of all equipment, both permanent works and temporary works in connection with the project, ” said the group in a filing with Bursa Malaysia.

PETALING JAYA: Kumpulan Powernet Bhd has received a US$48mil (RM208.08mil) contract from Ghaurishankar Power Development Pvt Ltd to construct a 22.9MW mini hydropower plant in Solukhumbhu, Nepal.

“The scope of work includes but is not limited to engineering, construction, supervision, testing, commissioning, reliability test, remedy of defect during the defect liability period and provision of all equipment, both permanent works and temporary works in connection with the project, ” said the group in a filing with Bursa Malaysia.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bitcoin touches 12-week high as traders weigh progress on Iran
TAS Offshore’s MD passes away
Anuar Ahmad retires as PetDag chairman
Axteria appoints Zaini Jass as chairman
Hextar Capital secures RM155.3mil Melaka hospital project
KHPT proposes RM19.5mil acquisition, diversifies into metal stamping
Ringgit closes higher against US dollar on tech-led inflows, easing geopolitical risks
KIP REIT posts stronger 3Q earnings, proposes RM435mil Setapak Central acquisition
Steel Hawk secures three-year logistics management contract from PetGas
Padini says 21 bank accounts frozen amid MACC probe

Others Also Read