Rohas unit gets RM249m TNB contracts

PETALING JAYA: Rohas Tecnic Bhd’s 75%-owned subsidiary HG Power Transmission Sdn Bhd has bagged two contracts from Tenaga Nasional Bhd to supply and install transmission lines for a combined contract value of RM249.63 million.
The company’s board of directors told the stock exchange that it received the contract awards on Feb 14.
The first contract entails the supply and installation of 31.8km of 500kV double circuit transmission line and 22.3km of 275kV double circuit transmission line on a turnkey basis for the proposed 500kV double circuit transmission line from the Bentong South Main Intake Station(PMU) to PMU Lenggeng (Point M to Point L) and proposed 275kV double circuit transmission line from PMU Lenggeng to PMU Makhota Cheras (Ampe to Point L).
The second contract involves the supply and installation of 31.9km of 500kV double circuit transmission line and 32km of 275kV double circuit transmission line on a turnkey basis, for the same transmission lines.
Work on the projects is expected to take 723 days to complete.
On Bursa Malaysia today, Rohas shot up 2.19% to close at RM1.40 on volume of 16,800 shares.