Seal's unit secures RM645mil contract from Sabah Electricity


KUALA LUMPUR: Seal Incorporated Bhd's associate company, MSR Green Energy Sdn Bhd (MSRGE), has accepted a letter of award from Sabah Electricity Sdn Bhd (SESB) for a battery energy construction job worth RM645 million.

It said the project involves the engineering, procurement and construction of a battery energy storage system (BESS) with a capacity of 100-megawatt (MW) and energy storage of 400-megawatt hours (MWh) in Lahad Datu, Sabah.

The Sabah BESS project will begin in September 2024 and is expected to be completed by June 30, 2025.

"The Sabah BESS project will enhance the Sabah grid's reserve margin during peak periods and support large-scale solar energy expansion.

"This project will enhance the stability of generation capacity in the Sabah grid, while also contributing to environmental sustainability and increasing the potential for renewable energy generation capacity," the company said in a stock exchange filing. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Seal Incorporated , SESB , construction , BESS

   

Next In Business News

Dollar lingers at six-month peak as US inflation comes in focus
China unveils tax incentives to revive struggling property sector
MClean Technologies gets Bursa Securities nod for proposed private placement
Scientex's subsidiary proposing to establish RM1.5bil sukuk wakalah programme
Aizo secures RM24.1mil infrastructure contract
Ringgit continues to end lower vs US dollar
Pasdec to dispose of industrial land for RM73.5mil
Uzma gets integrated well continuity services contract from PETRONAS
Dayang Enterprise secures two contracts from PETRONAS Carigali
VSTECS optimistic about 4Q, expects strong FY24 finish

Others Also Read