KUALA LUMPUR (April 3): Infrastructure utilities construction services provider MN Holdings Bhd has secured a contract worth RM17.6 million for the supply, erection and commissioning of transmission main intake (PMU) for the Pasir Gudang power station extension in Johor.

In a bourse filing on Wednesday, MN Holdings announced that the contract was awarded to its wholly-owned subsidiary, MN Power Transmission Sdn Bhd, by Tenaga Nasional Bhd (TNB).

The contract involves establishing two new units of 275kV OHL bays in Permas Jaya and replacing two existing units of 275kV OHL bays at the Pasir Gudang power station north.

Additionally, the scope of work includes supplying, erecting and commissioning the 275/132kV PMU Pasir Gudang power station extension in Johor, along with remote end substation work and associated civil works.

MN Holdings noted that the contract will be effective immediately and span 730 days from the commencement date.

Shares in MN Holdings settled unchanged at 64 sen on Wednesday, valuing the group at RM284.91 million.