PETALING JAYA: Mestron Holdings Bhd reached another milestone after its latest contract lifted the order book value of its renewable energy (RE) segme...
Por says Mestron is making significant strides in its commitment to sustainability, diversification strategy and shareholder value enhancement.Mestron Holdings Bhd reached another milestone after its latest contract lifted the order book value of its renewable energy segment by more than sixfold.
With the new contract, Mestron’s RE order book value stands at RM71 million. Mestron will continue to focus on expanding its RE business segment as the group is still actively engaged in tendering for new projects to expand its order book, to ensure sustainable cash flow and revenue going forward. The group plays a pivotal role in the LSS project, as seen by the scope of MESB’s responsibilities. These include procuring essential equipment such as photovoltaic modules, mounting structures, inverters with medium voltage power stations, Scada systems, cabling and lightning protection to form a complete system.
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