Seal Inc associate unit secures RM645m contract from SESB
Published on: Friday, September 13, 2024
By: Bernama
For illustrative purposes only.
KUALA LUMPUR: Seal Incorporated Bhd's associate company, MSR Green Energy Sdn Bhd (MSRGE), has accepted a letter of award from Sabah Electricity Sdn Bhd (SESB) for a battery energy construction job worth RM645 million.
It said the project involves the engineering, procurement and construction of a battery energy storage system (BESS) with a capacity of 100-megawatt (MW) and energy storage of 400-megawatt hours (MWh) in Lahad Datu, Sabah.
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The Sabah BESS project will begin in September 2024 and is expected to be completed by June 30, 2025.
"The Sabah BESS project will enhance the Sabah grid's reserve margin during peak periods and support large-scale solar energy expansion.
"This project will enhance the stability of generation capacity in the Sabah grid, while also contributing to environmental sustainability and increasing the potential for renewable energy generation capacity," the company said in a stock exchange filing.
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