Wednesday, July 13, 2011

Ingress JV gets RM85m Tenaga cable project

KUALA LUMPUR: INGRESS CORPORATION BHD []'s joint venture has been awarded a RM85 million contract from TENAGA NASIONAL BHD [] for a transmission line in Bandar Nusajaya, Johor.

It said on Wednesday, July 13 its unincorporated joint-venture between its subsidiaries, Ramusa Engineering Sdn Bhd and Multi Discovery Sdn Bhd received a letter of acceptance.

'The project is valued at RM85.0 million and is expected to commence in the third quarter of the current financial year ending Jan 31, 2012 for a period of 18 months,' it said.

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