STEC Signs THB4.4 Billion Project for Overhead to Underground Cable Systems

Sino-Thai Engineering and Construction Public Company Limited (SET: STEC) announced on December 8, 2022, that the company has signed a new contract with Metropolitan Electricity Authority for the project of change Overhead to Underground cable systems with the MRT Pink Line project. The contract was signed on December 7, 2022. 

The scope of work is to construct the Manhole and Underground Duct Bank and install underground cable systems. 

The contract value is THB 4,424,000,000 (excluding VAT), with a construction period of 1,260 days from NYP.