PETALING JAYA: Master TEC Group Bhd
has received an optional value award amounting to RM32.86mil from Tenaga Nasional Bhd (TNB) under contract TNB104/2025 for the supply and delivery of underground cables and conductors for TNB’s Distribution Network.
In a statement, the cable manufacturer said with the optional value exercised, the revised contract value increases to RM142.40mil, up from the original contract price of RM109.54mil.
The optional value is governed by specific performance and quality criteria and will be executed in accordance with the existing contractual framework, it added.
The contract covers the supply and delivery of underground cables and conductors of various sizes.
“The award of this optional value by TNB underscores the strength of our execution capabilities and the consistency of our product quality,” it said.
