The contract for works on the aerotrain replacement project, awarded to a joint venture entity of Pestech Technology Sdn Bhd and IJM Construction Sdn Bhd (IJMC-Pestech JV) is worth a whopping RM175.64 million.
Malaysia Airports Holdings Bhd (MAHB) has inked an agreement for its aero train replacement with a joint venture that includes Pestech Technology Sdn Bhd, despite having had previous disputes with its parent company, Pestech International Bhd.
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period