Jati Tinggi secures RM33.1 million power works subcontract for Gerbil data centre
The nine-month job covers 275kV cable circuits, a transition yard and related electrical works.
Jati Tinggi Group Bhd has won a RM33.1 million subcontract for electrical infrastructure to provide interim power to a Gerbil, Negeri Sembilan, data centre. The electrical engineering firm said the work would take nine months.
In its Nov 10 Bursa Malaysia filing, the group identified its wholly owned unit, Jati Tinggi Holding Sdn Bhd, as the recipient of the award. It did not name the main contractor awarding the subcontract.
The scope includes two 275kV power cable circuits linking a transition yard with the facility's substation. The subsidiary will supply and design the circuits, then install, test and commission them. Its responsibilities also include building the transition yard, undertaking overhead line take-off works and modifying associated secondary systems.
The group expects the subcontract to have a positive effect on earnings and net assets per share during the contract period.
The award follows a RM2.9 million contract secured on Nov 3 by Jati Tinggi and Reactive Energy Sdn Bhd through an unincorporated joint venture. Awarded by Tenaga Nasional Bhd, that job covers supplying, installing, testing and commissioning a community energy storage system for TNB's Pulau Tenaga Hijau distribution network project.
Jati Tinggi shares closed at RM1.09 on Nov 10, down five sen or 4.39%. Its market capitalisation stood at RM482.8 million.
