KUALA LUMPUR: Rohas Tecnic Bhd‘s subsidiary, HG Energy Transmission Sdn Bhd (HGPT) has secured a contract value US$14.56mil (RM65.65mil) from Nepal Electrical energy Authority.
The development engineering firm, in a Bursa submitting, stated the contract concerned the design, provide, set up, testing and commissioning of 132 kilovolts(kV) transmission traces conductor upgrading (procurement of plant).
The contract is anticipated to start within the third quarter of this yr and for a interval of two and a half years.
Rohas Tecnic stated the contract is funded by the Asian Growth Financial institution and was secured in an open worldwide tender. That is HGPT’s first profitable award in Nepal.
“The contract is anticipated to have a constructive impression on Rohas Tecnic group’s outcomes for the yr ending Dec 31, 2022 and sooner or later,” it stated.