Silver Ridge Bags RM17 Million Cable Installation Job For TNB

Silver Ridge Holdings Berhad announced that its 51%-owned subsidiary had accepted a Letter of Award from Elektron Berkat Sdn Bhd for a project valued at RM16.9 million.

The contract involves the installation, testing, and commissioning of IIKV Aluminium XLPE underground cables and accessories for asset development across all zones of Tenaga Nasional Berhad’s (TNB) Distribution Network Division, under the “TNB-Mainhead” initiative.

The project is slated to commence on July 18, 2025, with an expected completion date of June 20, 2027.

The Board of Directors of SRHB believes that, barring any unforeseen circumstances, this Contract Award will contribute positively to the earnings per share and the future earnings of the SRHB Group for the financial year ending June 30, 2025, and subsequent years during the contract’s tenure. T

Related