Rohas unit bags RM192 mil contracts in Bangladesh

KUALA LUMPUR: Rohas Tecnic Bhd’s subsidiary HG Power Transmission Sdn Bhd has bagged two contracts from Power Grid Company of Bangladesh Ltd worth RM192 mil.

In a filing with Bursa Malaysia, it said the first contract valued at RM126 mil involves the design, supply, installation, testing and commissioning of 230 kilowatt (kV) and 132 kV transmission lines on a turnkey basis.

“The contractual completion period is 30 months,” it added.

The second contract, worth RM66 mil, entails the design, supply, installation, testing and commissioning of 132 kV transmission lines on a turnkey basis, with a tenure of 24 months.

The commencement date for both contracts is expected to be in the second half of 2020.

The contract would have a positive impact on Rohas group’s results for the year ending Dec 31, 2020 and onwards, the company said. – Feb 20, 2020, Bernama

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