KUALA LUMPUR: Bintai Kinden Corp Bhd has secured a RM8.5mil contract from Tenaga Nasional Bhd (TNB) for the supply and installation works at PMU 132/11kV Jengka, Pahang.

       In a statement, the group said its subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd has received a letter of award to supply, erect, test and commission a transformer, earthing transformer and single-bus gas-insulated switchgear at the facility.

       The contract is expected to be completed 18 months from the commencement date.

       Bintai Kinden executive director Azri Azerai said the contract is expected to contribute positively to the group’s revenue and earnings for the financial years ending March 31, 2022, and March 31, 2023, as well as to its future earnings and net assets per share.

       “Inclusive of this contract, Bintai Kinden has successfully increased its outstanding orderbook to about RM113.53mil, which will provide a healthy earnings visibility for the next two years,” he added.