Epcc Calendar 2023

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Epcc Calendar 2023

Substation engineering and underground services specialist MN Holdings Berhad (MNHB) has signed a R26.9 million contract for the Engineering, Procurement, Construction and Commissioning (EPCC) of an interconnection facility for a large-scale photovoltaic (LSPV) solar power plant. ) and 132 kV. Substation at Chuping, Perlis.

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MN Power Transmission Sdn Bhd, a wholly owned subsidiary of the company in a joint venture with Sevlite Engineering Sdn Bhd, has received and accepted a letter of award (LOA) from the main contractor Atlantic Blue Sdn Bhd for appointment as a subcontractor for 50 MWAC. LSSPV plant.

Under the contract, MN Power and Sevlite Engineering will be responsible for the design, construction, supply, distribution, installation, testing and commissioning of the interconnection facility for the LSSPV plant and substation.

Atlantic Blue is a wholly owned subsidiary of SolarWest Holdings Berhad. It specialized in turnkey EPCC solutions for residential, commercial and industrial properties as well as projects including LSSPV plants. The EPCC contract will start immediately and end on September 30, 2023.

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Dang Seong Diang, chief executive officer of MNHB, said the acquisition of this LOA reflects the recognition of MNHB's ability to provide full EPCC in LSSPV plant projects.

"MNHB is pleased to be appointed as the subcontractor for EPCC interconnection installation of a LSSPV plant and substation of one of the largest solar plants in Perlis," he added.

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The contract is expected to contribute positively to the company's revenue and profit for the year ending 30 June 2024, as well as to the Group's future earnings and net assets per share over the period of the contract.

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