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Ingress subsidiaries get Tenaga contracts worth total RM55m

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Ingress subsidiaries get Tenaga contracts worth total RM55m Empty Ingress subsidiaries get Tenaga contracts worth total RM55m

Post by hlk Tue 27 Dec 2011, 21:19

KUALA LUMPUR (Dec 27): INGRESS CORPORATION BHD []'s subsidiaries via
their joint venture have secured contracts worth a total RM55 million
from TENAGA NASIONAL BHD [].

The company said on Tuesday that
the unincorporated joint-venture between Multi Discovery Sdn Bhd and
Ramusa Engineering Sdn Bhd had received letter of intents for the
contracts.

The contracts are for the eestablishment of PMU 132kV
Kota Setar AIS Rehab and 132kV Lines Diversion at PMU Kota Setar; and
proposed 275kV Bulk Supply to Bahru Stainless (Extension of 2 x 275kV
Overhead Line Bays at PMU275/132/22 kV Cahaya Baru).

The company said the projects would commence within the first quarter of financial year ending Jan 31, 2013.

Ingress said the projects were expected to contribute positively to its earnings.
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