The Board of Directors of the Company wishes to update that Theta Edge had appointed KEC INTL and KEC Malaysia as the principal / technical partner for TNB Vendor Pre-Qualification Assessment for Contractor for the Grid Project for "Pre-Q Substation, Pre-Q Overhead Lines & Pre-Q Underground Cables" for Tenaga Nasional Berhad.
The Pre-Q assessment was submitted in April 2024, and the 1st Technical Clarification was submitted in May 2024.
The Company will make the appropriate announcement if there is any material development.
Theta Edge partners India’s KEC International to bid for TNB grid projects
heedgemalaysia.com
KUALA LUMPUR : Theta Edge Bhd said it has teamed up with India-based power transmission giant KEC International Ltd in bidding for Tenaga Nasional Bhd’s (TNB) future grid projects. The information technology services provider said it inked a Memorandum of Understanding (MOU) with KEC International and its Malaysian unit KEC International (M) Sdn Bhd (KEC Malaysia) to submit a contractor prequalification assessment related to grid infrastructure work via a joint venture partnership.
Under the MOU, the parties intend to submit their application for prequalification and appoint either KEC International or KEC Malaysia as the subcontractor to Theta Edge for providing supply and installation solutions for power transmission infrastructure.
"The company's transmission and distribution (T&D) business has received orders for T&D projects in India, East Asia Pacific, and the Americas. These orders include transmission lines and substation projects from India, an additional order for a transmission line in Malaysia, and the supply of towers, hardware, and poles in America."
why no announcement by Theta?.. suppose Malaysia project JV between Theta and KEC..hemm
Ya kah, theta seems to be getting connected with global players, KEC for power distribution . Digital big data with cybernetica, nova msc,getting into fintech for payment online with sakupay .. all waiting for contracts from govt.
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chunah
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Posted by chunah > 2 months ago | Report Abuse
Stay put here ok
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