Samaiden Group bags RM98.15mil solar PV system contract

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KUALA LUMPUR: Samaiden Group Bhd has bagged an engineering, procurement, development and commissioning (EPCC) job in relation to the event of a 39 megawatts-peak rooftop solar photovoltaic system value RM98.15 million.

The firm stated its wholly-owned subsidiary, Samaiden Sdn Bhd (SSB), at present accepted a letter of award from Ramatex Textiles Industrial Sdn Bhd to undertake the works at six recognized websites in Batu Pahat, Johor.

The mission, which covers the design, provide, supply, set up, testing and commissioning, is anticipated to be accomplished within the third quarter of 2022, it stated in a submitting with Bursa Malaysia at present.

“Barring any unexpected circumstances, the award is anticipated to contribute positively in the direction of the longer term earnings of Samaiden and its subsidiaries at some point of the initiatives,” it stated.

Samaiden, which was listed on the ACE Market in October final yr, is an EPCC service supplier for solar photovoltaic techniques and energy crops. It additionally offers renewable power and environmental consulting providers. – Bernama



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