KUALA LUMPUR: Kumpulan Powernet Bhd has secured a second renewable energy project in Laos, as the group seeks to double its orderbook to RM2bil within the next one year.
The company told Bursa Malaysia today that it was awarded a US$40.7mil (RM174.5mil) contract by Zhenghong Building Road & Bridge Construction Co Ltd to build two hydropower energy facilities in Houaphan province.
"The latest award has strengthened our presence in Laos," managing director Mustakim Mat Nun said.
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