KUALA LUMPUR: MN Holdings Bhd has secured a contract for the engineering, procurement, construction and commissioning (EPCC) work for a large solar scale photovoltaic (LSSPV) plant in Kulim for RM26.0 million.
Its wholly-owned subsidiary MN Power Transmission Sdn Bhd (MN Power) received the work order from Samaiden Sdn Bhd for its appointment as a sub-contractor for the 50 megawatt alternating current (MWac) LSSPV plant.
MN Power will be responsible for the EPCC of a step up station interconnection facility, NUR interconnection facilities and related peripheral system for 50 MWac LSSPV energy generating facility for Nur Renewables Sdn Bhd.
The contract is for 11 months and will run from April 2024 to February 2025.
MN Holdings executive director Datuk Dang Siong Diang said the company's substation engineering segment continues to achieve a strong replenishment rate.
"The announcement of the corporate green power programme (CGPP) award totalling 563.42 MW and the rolled out of the National Energy Transition Roadmap last year have somewhat benefit MN Group as some of our clients are the successful selected solar power producers under the CGPP.
"With the recent open bidding for LSS5 programme or LSS - Peralihan Tenaga SuRiA by the Ministry of Energy and Water Transformation through the Energy Commission offering a total generation quota of 2,000MW, we anticipate more substation engineering projects to come in," he added.
MN Holdings recently secured two substation engineering contracts worth RM29.3 million from Tenaga Nasional Bhd and one underground cable contract worth RM13.5 million from a customer that provides data centre services.
The latest win adds to MN Holdings' order book to RM444.5 million.
