KUALA LUMPUR: MN Holdings Bhd's subsidiary MN Power Transmission Sdn Bhd has secured a RM86 million substation engineering contract from Tenaga Nasional Bhd (TNB).
In a filing with Bursa Malaysia, the underground utilities and substation engineering specialist said the contract includes the supply and commissioning of 132/11 kilovolt (kV) Kampung Awah gas insulated substation in Pahang.
MN Holdings said it also includes remote end substations works complete with relevant secondary equipment, ancillary equipment and associated civil works.
The contract will start July 24, 2024 and runs for two and a half years.
The company's share price remained unchanged at 94 sen on Thursday for a market capitalisation of RM446.4 million.