Neston unit bags RM21mil contract for EPCC of Sungai Selangor solar plant


KUALA LUMPUR: Nestcon Bhd's subsidiary Nestcon Solar Sdn Bhd has accepted a RM21mil contract for the design, engineering, procurement, construction, installation, testing and commissioning (EPCC) of the selco solar photovoltaic (PV) plant at Sungai Selangor Phase 1 Water Treatment Plant – Package L5.

In a statement, the group said the contract from Heliosel Sdn Bhd is scheduled to be completed seven months from the acceptance date.

Nestcon said the acceptance of the contract by Nestcon Solar to undertake the Project is expected to contribute positively to the net assets per share, earnings per share and gearing of the company throughout the duration of the project.

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

Nestcon , solar , EPCC

   

Next In Business News

Wall St set for higher open as investors assess U.S. election after Biden exit
McDonald's to extend US$5 value meal, Bloomberg News reports
Aluminium slips to almost four-month low on demand concerns
Malaysia Airports, MBI ink MoU to develop Subang Airport's zones 3 and 4
Coordinated govt actions bolster ringgit as Asia's top performing currency - MoF
Kenanga maintains 2Q24 GDP growth forecast at 4.5-5.0%
Ringgit slightly higher on expectations of Fed rate cut
MPay gets Bank Negara nod for Class A money services licence
MAHB passenger traffic soars 15.8% in 1H24
YX Precious gets SC approval for Main Market transfer

Others Also Read