Jati Tinggi Group Bhd’s wholly-owned subsidiary has secured a RM2.27 million contract from Tenaga Nasional Bhd (TNB) for the deployment of a Distributed Acoustic Sensing system on a 132kV submarine power cable system.
The company said Jati Tinggi Holding Sdn Bhd, together with Ventura IOT Sdn Bhd through an unincorporated joint venture, received the Letter of Acceptance from TNB on Oct 2.
The contract covers the supply, installation, testing and commissioning of Distributed Acoustic Sensing (DAS) for TNB’s 132kV submarine power cable system linking Kuala Perlis and Teluk Apau.
The contract value of RM2.27 million is inclusive of Sales and Service Tax.
Under the joint venture arrangement, Jati Tinggi Holding and Ventura IOT will be jointly and severally responsible for executing and completing the works. Their respective rights, benefits, obligations and responsibilities are currently apportioned at 51% for Jati Tinggi Holding and 49% for Ventura IOT, or such other proportion as may be mutually agreed.
The contract takes effect from Oct 2 and is to be completed within 270 days from the commencement date, which will be determined later.
