Ranhill gets non-revenue water reduction contract worth RM283.89mil

PETALING JAYA: Ranhill Utilities Bhd has accepted a letter of acceptance of tender (LoA) worth RM283.89mil for the non-revenue water (NRW) reduction contract in Johor.

In a filing with Bursa Malaysia, Ranhill said this is the seventh successive NRW project in Johor it has secured through a competitive open tender process since 2011.

The project, to be undertaken over the next 36 months, will contribute positively to the earnings of the group from the financial year ending Dec 31, 2024 until Dec 31, 2026.