Straits Energy unit secures RM27.74mil contract for TNB works

KUALA LUMPUR: Straits Energy Resources Bhd's 70%-owned subsidiary Straits CommNet Solutions Sdn Bhd (SCS) has accepted a RM27.74mil contract from main contractor Tianu Sdn Bhd for the installation of aluminium XLPE underground cables and accessories for the asset development of Tenaga Nasional Bhd.

In a filing with Bursa Malaysia, Straits said the collaboration represents a fusion of Tianu's extensive experience in cable technology and SCS’s proficiency in network solutions.