Precise Corp's Unit Bags Power Supply Contract from Thai Electricity Authority

MT Newswires Live

08/19

Precise Corp.'s (SET:PCC) subsidiary, Precise System and Project, secured a shunt capacitor bank bulk power supply contract from the Electricity Generating Authority of Thailand (EGAT), according to a Tuesday filing with the Thailand Exchange.

The power systems engineering company's unit made a successful bid as part of a consortium with the parent, with the project covering the country's western and southern region.

The contract, valued at around 115.8 million baht, is expected to be completed within 30 months of confirmation of the letter of award.

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