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Pestech to build RM282m Cambodian electricity-transmission line

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Pestech to build RM282m Cambodian electricity-transmission line Empty Pestech to build RM282m Cambodian electricity-transmission line

Post by Cals Mon 10 Mar 2014, 19:30

Pestech to build RM282m Cambodian electricity-transmission line
Business & Markets 2014
Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com   
Monday, 10 March 2014 15:14

KUALA LUMPUR (Mar 10): Pestech International Bhd has secured an US$86.1 million (RM282 million) Cambodian electricity-transmission line project.

In its announcement to Bursa Malaysia today, Pestech said the firm via its subsidiary Pestech (Cambodia) Ltd had signed an agreement with Alex Corp Co Ltd for the construction of the 230KV West Phnom Penh –Sihanoukville Transmission Line.

“The project mainly involves the construction of a transmission line of approximately 198 kilometers, which will be responsible for the transmission of power from existing and future power plants in the Sihanoukville area to Phnom Penh city.

"This is done through upgrading of existing Stung Hav substation with 2 numbers of 230kV outgoing transmission line bays and connecting them to the West Phnom Penh substation in Phnom Penh through the new transmission line to be constructed under the project," Pestech said. 

Pestech said the power-transmission project would commence within three months from the date of contract. The project is expected to be completed within 32 months.

Alex Corp has signed a 25-year power-transmission agreement on Nov 12, 2013 with Electricite du Cambodge, a state-owned company responsible for the generation and transmission of power supply in Cambodia.
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