PETALING JAYA: Swift Energy Technology Bhd has secured multiple purchase orders with a combined value of about RM18mil, strengthening its order book and earnings visibility for its financial year ending Sept 30.
In a filing with Bursa Malaysia yesterday, the company said its wholly-owned subsidiary, Swift Energy Sdn Bhd, received four purchase orders, with two of the contracts being awarded by Rimbunan Jaya Sdn Bhd for the North Belud Sabah wellhead platform project operated by PETRONAS Carigali Sdn Bhd.
These involve the supply of an solar power and wind turbine hybrid power system, as well as an 80KW diesel generator, both scheduled for delivery by the second quarter of this year.
The company also secured an order from Sweden-based Kraft Powercon AB to supply five 220Vdc battery boxes for a vessel in Suriname, with delivery expected by the second quarter of this year.
Another contract was awarded by Expet Controls Sdn Bhd for the supply of 11KV power factor correction panels for two Petronas Gas Bhd
projects, to be delivered by the fourth quarter of this year.
