Southern Cable Group Berhad lands its single-largest contract to date worth RM332.1 million to supply power cables to Tenaga Nasional Berhad.
The Letter of Award, won by the Group’s wholly-owned subsidiary, Southern Cable Sdn. Bhd., entails the supply and delivery of underground cables of various sizes and conductors to the Distribution Network Division of TNB for a one-year period from July 2023.
With the order, the group said its current orders in hand of more than RM1.0 billion are set to be delivered until 2026, encompassing mainly the supply of cables and wires to various industries, in addition to the supply of rectifier and battery systems, and other related products.
Together with the new win, Southern Cable has secured more than RM500 million in new wins year-to-date, comprising more than RM460 million worth of supply contracts secured from TNB, and an RM44.8 million battery systems supply contract from Telekom Malaysia Berhad. Notably, the year-to-date wins have surpassed the total win of RM390 million achieved in 2022. Southern Cable is a registered supplier of cables and wires to TNB and has had a strong business relationship for the past 19 years. Additionally, the Group supplies to other utility providers such as Sabah Electricity Sdn. Bhd. and Sarawak Energy Berhad.
