KNM bags RM93.6mil job in Berlin
KUALA LUMPUR: KNM Group Bhd has won a US$23mil (RM93.6mil) contract in Germany awarded by energy firm Vattenfall Wärme Berlin AG.
The contract, secured by Borsig Service GmbH is for the overall engineering, delivery, installation and commissioning of equipment, piping systems, process control and integration of the energy/heat storage vessel for Vattenfall Energy Storage “Reuter-West”, Berlin Project.
The contract is expected to take 110 weeks to complete, KNM said in a filing with Bursa Malaysia today.
"This project is a part of the general strategy of the city of Berlin to meet the climate neutrality target and the corresponding approach of Vattenfall to become independent from fossil fuels and to provide district heating by renewable energy sources," it said.