Ranhill-linked firm clinches deal to expand wastewater treatment plant

PETALING JAYA: Ranhill Holdings Bhd’s indirectly owned unit AnuRAK Water Treatment Facilities Co Ltd’s proposal for the expansion of the Amata wastewater treatment plant’s capacity from 10 million litres per day (MLD) to 15 MLD has received the green light from Thailand’s Amata Water Co Ltd.
The group said in a stock exchange filing today that it had received a letter of acceptance for the project located in Amata City Industrial Estate in the province of Rayong, Thailand.
The 66 million baht (RM8.19 million) contract entails the construction of an additional module of the existing wastewater treatment plant facilities built by AnuRAK, to treat the increasing volume of industrial wastewater at the industrial estate.
Construction is set to begin in May 2018 and is expected to go on for six months.
In addition to that, AnuRAK holds the a 30-year concession to build-operate-transfer the facility.
The project is expected to contribute positively to the revenue and earnings of the group upon completion.
On Bursa Malaysia today, Ranhill was unchanged at 72 sen on volume of 116,700 shares.